Paychex CFO awarded stock units and options
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Form Type
4
Rhea-AI Filing Summary
Paychex Inc. Sr. VP & CFO Robert L. Schrader reported equity compensation activity on 2026-07-15, including an award of 4,364 shares of common stock in the form of restricted stock units and a grant of 29,553 stock options with a 110.0000 per-share exercise price expiring 2036-07-14.
To satisfy tax obligations from vesting, 2,382 shares of common stock were withheld at 110.0000 per share. After these reported transactions, he directly held 21,147 common shares and indirectly held 339 shares through a 401(k), in addition to several earlier stock option awards.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Schrader Robert L.
Role
Sr. VP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 29,553 | $110.00 | $3.25M |
| Tax Withholding | Common Stock F1 | 2,382 | $110.00 | $262K |
| Grant/Award | Common Stock F2 | 4,364 | $0.00 | $0.00 |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 112,721 contracts for 83,168 underlying shares (Direct);
Common Stock — 21,147 shares (Direct);
Common Stock — 339 shares (Indirect, 401(k))
Footnotes (2)
- F1. Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units.
- F2. Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
Key Figures
Restricted stock units granted: 4,364 shares
Shares withheld for taxes: 2,382 shares
Stock options granted: 29,553 options
+4 more
7 metrics
Restricted stock units granted
4,364 shares
Award of restricted stock units on 2026-07-15
Shares withheld for taxes
2,382 shares
Disposition to satisfy tax withholding obligations on 2026-07-15
Stock options granted
29,553 options
New stock option award on 2026-07-15 with underlying common stock
Option exercise price
110.0000 per share
Exercise price for 29,553 stock options expiring 2036-07-14
Direct common shares held
16,783 shares
Direct Paychex common stock holdings after reported transactions
401(k) common shares
339 shares
Indirect Paychex common stock ownership through a 401(k) plan
Existing option position
18,458 underlying shares
Stock option grant at 140.6800 exercise price expiring 2035-07-14
Key Terms
restricted stock units, tax withholding obligations, Stock Option, Amended and Restated 2002 Stock Incentive Plan
4 terms
restricted stock units financial
"lapse of restrictions applicable to restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Disposition of shares to satisfy tax withholding obligations arising from lapse"
Stock Option financial
"Stock Option, underlying security title Common Stock with various terms"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Amended and Restated 2002 Stock Incentive Plan financial
"pursuant to the Amended and Restated 2002 Stock Incentive Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Paychex (PAYX) CFO Robert L. Schrader receive on July 15, 2026?
Schrader received 4,364 shares of common stock in the form of restricted stock units and a grant of 29,553 stock options with a 110.0000 per-share exercise price, expiring on 2036-07-14 and exercisable on 2027-07-15.
What are Robert L. Schrader’s Paychex (PAYX) common stock holdings after these transactions?
Following the reported July 15, 2026 transactions, Schrader directly held 16,783 shares of Paychex common stock and indirectly held 339 shares through a 401(k) plan, as disclosed in the ownership tables accompanying the Form 4 filing.
What stock option positions does the Paychex (PAYX) CFO hold according to this Form 4?
In addition to a new grant of 29,553 stock options at 110.0000 per share, Schrader retains several prior option awards, including positions over 18,458 shares at 140.6800 per share expiring 2035-07-14, plus other grants with different strikes and expirations.
Were Paychex (PAYX) CFO Robert L. Schrader’s July 15, 2026 transactions made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked, and the filing does not reference any trading plan. These transactions are therefore not reported as being executed under a Rule 10b5-1 pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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