Joseph M. Velli - Apr 15, 2025 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Director
Signature
Prabha S. Bhandari, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Apr 15, 2025
Transactions value $
$161
Form type
4
Date filed
4/16/2025, 04:30 PM
Previous filing
Feb 28, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Options Exercise $545K +11.5K +16.27% $47.43 82.1K Apr 15, 2025 Direct
transaction PAYX Common Stock Sale -$545K -3.65K -4.45% $149.25 78.5K Apr 15, 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 -11.5K -100% $0.00 0 Apr 15, 2025 Common Stock 11.5K $47.43 Direct F2
holding PAYX Stock Option 10.2K Apr 15, 2025 Common Stock 10.2K $60.59 Direct
holding PAYX Stock Option 9.62K Apr 15, 2025 Common Stock 9.62K $57.20 Direct
holding PAYX Stock Option 8.64K Apr 15, 2025 Common Stock 8.64K $70.37 Direct
holding PAYX Stock Option 7.93K Apr 15, 2025 Common Stock 7.93K $85.33 Direct
holding PAYX Stock Option 5.79K Apr 15, 2025 Common Stock 5.79K $73.53 Direct
holding PAYX Stock Option 5.08K Apr 15, 2025 Common Stock 5.08K $112.67 Direct
holding PAYX Stock Option 3.03K Apr 15, 2025 Common Stock 3.03K $115.00 Direct
holding PAYX Stock Option 3.38K Apr 15, 2025 Common Stock 3.38K $120.86 Direct
holding PAYX Stock Option 3.35K Apr 15, 2025 Common Stock 3.35K $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.