Paychex SVP Adam Brooks Ante Reports Tax Withholding Disposition
PAYCHEX INC
Subscribe to track PAYX
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
SEC Form 4 Alert: PAYCHEX INC ($PAYX) Insider: Adam Brooks Ante (Sr. Vice President, Paycor) Transaction: Tax Withholding (Code F) Shares Disposed: 1,762 @ $100.84 Total Value: $177,680.08 Direct Holdings Remaining: 54,213 shares Significance: Low (Routine disposition to satisfy tax obligations upon vesting)
Comprehensive Analysis
Transaction Summary
On October 1, 2026, Adam Brooks Ante, Senior Vice President of Paycor at Paychex Inc ($PAYX), reported a disposition of 1,762 shares of Common Stock under transaction code F to cover tax withholding obligations resulting from the lapse of restrictions on equity awards.
- Security: Common Stock
- Shares Disposed: 1,762
- Price Per Share: $100.84
- Total Disposition Value: $177,680.08
- Shares Retained Post-Transaction: 54,213 direct shares
Derivative Holdings Overview
In addition to direct common stock holdings, the reporting owner holds stock options totaling 37,855 shares across two grants:
- 14,767 stock options exercisable at $140.68 expiring July 14, 2035
- 23,088 stock options exercisable at $110.00 expiring July 14, 2036
Context & Significance
This transaction represents an automatic share withholding to satisfy statutory tax obligations associated with the vesting of restricted stock units rather than a discretionary open-market sale. As such, the trading significance is rated Low and does not signal a change in executive sentiment toward company performance.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.