Paychex VP has 79 shares withheld for taxes

Paychex Inc VP and Chief HR Officer Mason Argiropoulos reported a routine tax-withholding transaction related to equity compensation.

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Form Type

Rhea-AI Filing Summary

Paychex Inc VP and Chief HR Officer Mason Argiropoulos reported a routine tax-withholding transaction related to equity compensation. On April 15, 2026, 79 shares of Paychex common stock were disposed of at $90.26 per share to satisfy tax withholding obligations from the vesting of restricted stock units. After this non‑market disposition, Argiropoulos directly holds 3,423 shares of common stock.

The filing also lists outstanding stock options over Paychex common stock, including options on 1,006 shares at an exercise price of $122.45 expiring on April 14, 2034, options on 11,909 shares at $121.63 expiring on July 14, 2034, and options on 11,075 shares at $140.68 expiring on July 14, 2035. The Employee Stock Purchase Plan balance is reported as 199.5 shares as of March 31, 2026.

Insider Trade Summary

Exercise Price or Tax Liability: 79 shares

Exercise Price or Tax Liability 5 txns

Insider Argiropoulos Mason

Role VP, Chief HR Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	79	$90.26	$7K
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--
holding	Stock Option	--	--	--
holding	Common Stock ESPP	--	--	--

Holdings After Transaction: Common Stock — 3,423 shares (Direct); Stock Option — 23,990 contracts (Direct); Common Stock ESPP — 199.5 shares (Direct)

Footnotes (2)

F1. Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units.
F2. ESPP balance as of March 31, 2026.

Key Figures

Tax-withholding shares: 79 shares at $90.26 Direct common shares held: 3,423 shares Stock option 1: 1,006 shares at $122.45 +3 more

6 metrics

Tax-withholding shares 79 shares at $90.26 Common stock disposed to satisfy RSU tax obligations on April 15, 2026

Direct common shares held 3,423 shares Direct PAYX common stock ownership after transaction

Stock option 1 1,006 shares at $122.45 Option over PAYX common stock expiring April 14, 2034

Stock option 2 11,909 shares at $121.63 Option over PAYX common stock expiring July 14, 2034

Stock option 3 11,075 shares at $140.68 Option over PAYX common stock expiring July 14, 2035

ESPP balance 199.5 shares Common Stock ESPP balance as of March 31, 2026

Key Terms

tax withholding obligations, restricted stock units, Stock Option, Common Stock ESPP, +1 more

5 terms

tax withholding obligations financial

"Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions"

restricted stock units financial

"tax withholding obligations arising from 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.

Stock Option financial

"Stock Option over Paychex Common Stock with specified exercise price and expiration date"

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 ESPP financial

"Common Stock ESPP balance as of March 31, 2026"

Employee Stock Purchase Plan financial

"ESPP balance as of March 31, 2026 describing Employee Stock Purchase Plan shares"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PAYX executive Mason Argiropoulos report?

Mason Argiropoulos reported a small, routine tax-withholding disposition of 79 Paychex shares. These shares were withheld to cover taxes when restricted stock units vested, rather than sold in the open market, and reflect standard equity compensation administration.

How many PAYX shares does Mason Argiropoulos hold after this Form 4?

After the reported transaction, Mason Argiropoulos directly holds 3,423 Paychex common shares. This total reflects the position following the 79-share tax-withholding disposition tied to restricted stock units, as disclosed in the Form 4 filing for April 15, 2026.

Was the PAYX insider transaction an open-market sale or tax withholding?

The PAYX insider transaction was tax withholding, not an open-market sale. Seventy-nine shares were disposed of to satisfy tax obligations from restricted stock unit vesting, according to the footnote describing the lapse of restrictions on those equity awards.

What stock options over PAYX shares does Mason Argiropoulos retain?

Mason Argiropoulos retains stock options over 1,006 PAYX shares at $122.45, 11,909 shares at $121.63, and 11,075 shares at $140.68. These options expire between April 14, 2034, and July 14, 2035, providing potential future rights to acquire Paychex common stock.

What is the ESPP balance reported for the PAYX executive in this filing?

The filing reports an Employee Stock Purchase Plan (ESPP) balance of 199.5 Paychex shares for Mason Argiropoulos. A footnote clarifies this ESPP position is stated as of March 31, 2026, giving a snapshot of shares accumulated through the purchase plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/17/2026 - 04:00 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Argiropoulos Mason

(Last)

(First)

(Middle)

911 PANORMA TRAIL SOUTH

(Street)

ROCHESTER

NEW YORK

14625

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PAYCHEX INC [ PAYX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP, Chief HR Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/15/2026		F		79⁽¹⁾	D	$90.26	3,423	D
Common Stock ESPP								199.5⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option	$122.45							04/15/2025	04/14/2034	Common Stock	1,006		1,006	D
Stock Option	$121.63							07/15/2025	07/14/2034	Common Stock	11,909		11,909	D
Stock Option	$140.68							07/15/2026	07/14/2035	Common Stock	11,075		11,075	D

Explanation of Responses:

1. Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units.

2. ESPP balance as of March 31, 2026.

	Prabha S. Bhandari, Attorney-in-fact	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR