Form 4: Paychex Senior VP Disposes Shares for Tax Obligations

Paychex Senior Vice President Adam Brooks disposed of 881 shares of common stock to cover tax withholding obligations related to restricted stock units.

Summary

• Adam Brooks, Sr. Vice President, Paycor at Paychex Inc. (PAYX), reported a transaction on July 1, 2025.
• The transaction involved the disposition of 881 shares of Paychex common stock.
• The shares were disposed of at a price of $147.42 per share.
• This disposition was specifically to satisfy tax withholding obligations arising from the lapse of restrictions applicable to restricted stock/restricted stock units.
• Following this transaction, Adam Brooks beneficially owns 66,373 shares of Paychex common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax withholding purposes, which is a common and expected event for executives receiving equity compensation, indicating no significant positive or negative sentiment.

Future Outlook

No forward-looking statements or guidance are provided, as this filing reports a past insider transaction.

Industry Context

This filing details a routine insider transaction for tax purposes, which is common for executives receiving equity compensation across various industries. It does not provide broader industry trends or competitive insights.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine tax-related transaction and not a discretionary sale by an insider.

Key Dates

Keywords

Paychex, PAYX, Form 4, insider transaction, stock disposition, tax withholding, restricted stock units, executive compensation