Form 4: Paychex Chairman Gifts Shares to Family Foundation
Insider Transaction
Paychex Director and Chairman Martin Mucci gifted 8,277 shares of common stock to The Mucci Family Foundation on December 23, 2025.
Summary
- Martin Mucci, a Director and Chairman of Paychex Inc. (PAYX), reported an insider transaction.
- On December 23, 2025, Mucci disposed of 8,277 shares of Paychex Common Stock through a gift (Transaction Code G).
- The shares were gifted to The Mucci Family Foundation at a price of $114.36 per share.
- Following this transaction, Mucci directly beneficially owns 418,047.3318 shares of Common Stock.
- Mucci also holds various stock options with exercise prices ranging from $57.24 to $140.68 and expiration dates from July 2027 to October 2035.
Sentiment
Score: 5
Explanation: The filing reports a standard insider gift transaction, which is generally neutral in its financial implications for the company. It does not reflect operational performance or strategic changes.
Positives
- The transaction represents a philanthropic act by a key executive, gifting shares to a family foundation.
Negatives
- A reduction in direct beneficial ownership by a key insider, although due to a gift rather than a sale.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing, as it pertains solely to an insider transaction.
Industry Context
This Form 4 filing reports a routine insider transaction and does not provide information relevant to broader industry trends or competitive analysis within the human capital management and payroll services sector.
Related Party Transactions
- Martin Mucci, a Director and Chairman, gifted 8,277 shares of common stock to The Mucci Family Foundation, which is considered a related party transaction due to the insider's relationship with the recipient entity.
Stakeholder Impact
- Shareholders: A minor reduction in direct insider ownership, generally having minimal impact on overall shareholder value or perception.
- Employees, Customers, Suppliers, Creditors: No direct impact from this insider gift transaction.
Key Dates
| Date | Description |
|---|---|
| 07/12/2018 | Date exercisable for stock options with an exercise price of $57.24, expiring 07/11/2027. |
| 07/11/2019 | Date exercisable for stock options with an exercise price of $69.54, expiring 07/10/2028. |
| 07/10/2020 | Date exercisable for stock options with an exercise price of $85.46, expiring 07/09/2029. |
| 07/15/2021 | Date exercisable for stock options with an exercise price of $73.53, expiring 07/14/2030. |
| 07/15/2022 | Date exercisable for stock options with an exercise price of $112.67, expiring 07/14/2031. |
| 10/15/2023 | Date exercisable for stock options with an exercise price of $109.19, expiring 10/14/2032. |
| 07/15/2024 | Date exercisable for stock options with an exercise price of $120.86, expiring 07/14/2033. |
| 07/15/2025 | Date exercisable for stock options with an exercise price of $121.63, expiring 07/14/2034. |
| 12/23/2025 | Date of transaction where 8,277 shares of Common Stock were gifted. |
| 12/29/2025 | Signature date of the reporting person's attorney-in-fact. |
| 07/15/2026 | Date exercisable for stock options with an exercise price of $140.68, expiring 07/14/2035. |
| 10/15/2026 | Date exercisable for stock options with an exercise price of $127.52, expiring 10/14/2035. |
Keywords
Paychex, PAYX, Martin Mucci, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Director, Chairman
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