JOSEPH M. VELLI - 15 Apr 2025 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Director
Signature
Prabha S. Bhandari, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
15 Apr 2025
Transactions value $
$161
Form type
4
Filing time
16 Apr 2025, 16:30:21 UTC
Previous filing
28 Feb 2025
Next filing
30 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Options Exercise $544,923 +11,489 +16% $47.43 82,105 15 Apr 2025 Direct
transaction PAYX Common Stock Sale -$544,762 -3,650 -4.4% $149.25 78,455 15 Apr 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PAYX Stock Option Options Exercise $0 -11,489 -100% $0 0 15 Apr 2025 Common Stock 11,489 $47.43 Direct F2
holding PAYX Stock Option 10,220 15 Apr 2025 Common Stock 10,220 $60.59 Direct
holding PAYX Stock Option 9,615 15 Apr 2025 Common Stock 9,615 $57.2 Direct
holding PAYX Stock Option 8,641 15 Apr 2025 Common Stock 8,641 $70.37 Direct
holding PAYX Stock Option 7,929 15 Apr 2025 Common Stock 7,929 $85.33 Direct
holding PAYX Stock Option 5,793 15 Apr 2025 Common Stock 5,793 $73.53 Direct
holding PAYX Stock Option 5,075 15 Apr 2025 Common Stock 5,075 $112.67 Direct
holding PAYX Stock Option 3,027 15 Apr 2025 Common Stock 3,027 $115 Direct
holding PAYX Stock Option 3,382 15 Apr 2025 Common Stock 3,382 $120.86 Direct
holding PAYX Stock Option 3,351 15 Apr 2025 Common Stock 3,351 $121.63 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was a sell-to-cover exercise, with shares sold to cover the option exercise price and taxes, and the reporting person retaining all remaining shares.
F2 Exercise of stock options approaching 10-year expiration date.