Paychex (PAYX) HR chief reports 79-share tax-withholding and option holdings
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Argiropoulos Mason
Role
VP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | 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 — 1,006 shares (Direct);
Common Stock ESPP — 199.5 shares (Direct)
Footnotes (1)
- Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units. 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
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.
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 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.