Paychex CPO covers taxes with 2,090-share withholding
Paychex Chief Product Officer Ryan Bergstrom reported routine share activity related to equity compensation.
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Form Type
4
Rhea-AI Filing Summary
Paychex Chief Product Officer Ryan Bergstrom reported routine share activity related to equity compensation. On the reported date, 2,090 shares of Paychex common stock were disposed of at $102.71 per share to satisfy tax withholding obligations arising from the vesting of restricted stock and restricted stock units. After this tax-withholding disposition, Bergstrom directly holds 41,582 shares of Paychex common stock. The filing also shows he holds a stock option covering 14,767 shares of common stock with an exercise price of $140.68 per share, expiring on July 14, 2035.
Insider Trade Summary
Exercise Price or Tax Liability: 2,090 shares
Exercise Price or Tax Liability
2 txns
Insider
BERGSTROM RYAN NORMAN
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,090 | $102.71 | $215K |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,582 shares (Direct);
Stock Option — 14,767 contracts (Direct)
Footnotes (1)
- F1. Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock / restricted stock units.
Key Figures
Tax-withholding shares: 2,090 shares
Tax-withholding price: $102.71/share
Shares held after transaction: 41,582 shares
+3 more
6 metrics
Tax-withholding shares
2,090 shares
Common stock disposed for tax withholding at $102.71 per share
Tax-withholding price
$102.71/share
Price per share for 2,090-share tax-withholding disposition
Shares held after transaction
41,582 shares
Direct PAYCHEX common stock holdings following disposition
Option underlying shares
14,767 shares
Common stock underlying reported stock option position
Option exercise price
$140.68/share
Exercise price of stock option on PAYCHEX common stock
Option expiration date
July 14, 2035
Expiration of stock option covering 14,767 shares
Key Terms
tax withholding, restricted stock units, Stock Option, Common Stock, +1 more
5 terms
tax withholding financial
"Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
restricted stock units financial
"obligations arising from lapse of restrictions applicable to restricted stock / 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.
Stock Option financial
"security_title": "Stock Option""
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.
Common Stock financial
"underlying_security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PAYCHEX (PAYX) report for Ryan Bergstrom?
PAYCHEX reported that Chief Product Officer Ryan Bergstrom had 2,090 shares of common stock disposed of to cover tax withholding obligations. This was tied to vesting of restricted stock and restricted stock units, rather than an open-market sale decision.
Was the PAYCHEX (PAYX) Form 4 transaction an open-market sale?
No, the transaction was classified as a tax-withholding disposition with code F, not an open-market sale. Shares were used to satisfy tax withholding requirements from vesting of restricted stock and restricted stock units, according to the filing footnote.
What stock options for PAYCHEX (PAYX) does Ryan Bergstrom hold?
Ryan Bergstrom holds a stock option linked to 14,767 shares of PAYCHEX common stock at an exercise price of $140.68 per share. The option is scheduled to expire on July 14, 2035, providing long-dated equity exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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