Paychex VP sells shares, granted stock options
Paychex VP, Controller & Treasurer Christopher C. Simmons sold 2,615 shares of common stock at $115.92 on July 17, 2026, leaving 3,420 shares held directly.
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Form Type
4
Rhea-AI Filing Summary
Paychex VP, Controller & Treasurer Christopher C. Simmons sold 2,615 shares of common stock at $115.92 on July 17, 2026, leaving 3,420 shares held directly. On July 15, he received 1,818 restricted stock units under the Amended and Restated 2002 Stock Incentive Plan, with 1,172 shares withheld to satisfy related tax obligations, and was granted 11,082 stock options at a $110.00 exercise price exercisable from July 15, 2027 to July 14, 2036.
Insider Trade Summary
Net Seller: 2,615 shares
Net Sell
9 txns
Insider
Simmons Christopher C
Role
VP, Controller & Treasurer
Sold
2,615 shs ($303K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,615 | $115.92 | $303K |
| Grant/Award | Stock Option | 11,082 | $110.00 | $1.22M |
| Tax Withholding | Common Stock F1 | 1,172 | $110.00 | $129K |
| Grant/Award | Common Stock F2 | 1,818 | $0.00 | $0.00 |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
Holdings After Transaction:
Stock Option — 36,477 contracts for 25,395 underlying shares (Direct);
Common Stock — 3,420 shares (Direct)
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
Common shares sold: 2,615 shares
Sale price: $115.92 per share
Direct holdings after sale: 3,420 shares
+4 more
7 metrics
Common shares sold
2,615 shares
Sale of Paychex common stock on 2026-07-17 at $115.92 per share
Sale price
$115.92 per share
Price per share for 2,615 Paychex common shares sold on 2026-07-17
Direct holdings after sale
3,420 shares
Direct Paychex common stock held by Christopher C. Simmons after the July 17, 2026 sale
Restricted stock units awarded
1,818 units
Award of restricted stock units on 2026-07-15 under the Amended and Restated 2002 Stock Incentive Plan
Shares withheld for taxes
1,172 shares
Disposition to satisfy tax withholding obligations from lapse of RSU restrictions
New stock options granted
11,082 options
Stock option grant on 2026-07-15 with $110.00 exercise price, expiring 2036-07-14
New option exercise price
$110.00 per share
Exercise price of 11,082 stock options exercisable from 2027-07-15 to 2036-07-14
Key Terms
restricted stock units, tax withholding obligations, Amended and Restated 2002 Stock Incentive Plan, Stock Option, +1 more
5 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 of restrictions."
Amended and Restated 2002 Stock Incentive Plan financial
"Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan."
Stock Option financial
"Stock Option award covering underlying Common Stock shares."
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.
exercise price financial
"Stock Option ... with an exercise price of $110.0000 per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What restricted stock units were awarded to PAYX executive Christopher C. Simmons?
On July 15, 2026, Christopher C. Simmons was awarded 1,818 restricted stock units under Paychex’s Amended and Restated 2002 Stock Incentive Plan, subject to vesting conditions described in that equity compensation plan.
What new stock options did Christopher C. Simmons receive from PAYX?
On July 15, 2026, Christopher C. Simmons received 11,082 stock options on Paychex common stock with an exercise price of $110.00 per share, exercisable beginning July 15, 2027 and expiring July 14, 2036.
What other PAYX stock option positions are reported for Christopher C. Simmons?
Reported option holdings include grants over 7,310 underlying shares at a $140.68 exercise price expiring July 14, 2035, and 7,145 underlying shares at $121.63 expiring July 14, 2034, among other previously issued options.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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