Paychex, Inc. Discloses Results of 2026 Annual Meeting of Stockholders

Paychex, Inc. (PAYX) Form 8-K Analysis: 2026 Annual Meeting Voting Results

Overview

On October 16, 2026, Paychex, Inc. filed an 8-K report covering Item 5.07 (Submission of Matters to a Vote of Security Holders), detailing the voting outcomes from its Annual Meeting of Stockholders held virtually on October 15, 2026.

Shareholder Representation & Quorum

• Shares Represented: 324,320,880 shares of common stock were present in person or represented by proxy, constituting a quorum.

Agenda & Voting Outcomes

1. Proposal 1: Election of Directors
   • All 10 director nominees were elected to serve a one-year term expiring at the next annual meeting:
     • Martin Mucci: 283,224,003 For | 7,294,315 Against | 357,700 Abstain
     • Thomas F. Bonadio: 286,780,074 For | 3,870,562 Against | 225,382 Abstain
     • Joseph G. Doody: 273,598,550 For | 16,663,752 Against | 613,716 Abstain
     • John B. Gibson: 287,949,503 For | 2,628,882 Against | 297,633 Abstain
     • J. Michael Hansen: 287,077,060 For | 3,560,234 Against | 238,724 Abstain
     • Pamela A. Joseph: 267,822,454 For | 22,743,001 Against | 310,563 Abstain
     • Theresa M. Payton: 288,366,587 For | 2,285,362 Against | 224,069 Abstain
     • Kevin A. Price: 278,884,599 For | 11,225,643 Against | 765,776 Abstain
     • Joseph M. Tucci: 274,463,999 For | 15,785,926 Against | 626,093 Abstain
     • Joseph M. Velli: 284,012,383 For | 6,624,478 Against | [votes recorded]
   • Broker Non-Votes: 33,444,862 shares across all director elections.

Market & Trading Significance

• Significance: Low. The outcomes reflect standard corporate governance proceedings and continuity of executive leadership and board oversight without unexpected proxy contest dynamics.