Paychex Director J. Michael Hansen Receives Annual Equity Awards
PAYCHEX INC
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Filing Summary
📋 Form 4 Filing: PAYCHEX INC ($PAYX) Insider: Hansen J. Michael (Director) Type: Award / Grant Details: 970 shares of Common Stock at $0.00 (Restricted Stock Units) + 4,040 Stock Options (exercise price $110.78) Post-Transaction Direct Ownership: 1,594 shares Filing Date: 2026-10-16 | Significance: Low
Comprehensive Analysis
Executive Summary
On October 16, 2026, Paychex, Inc. ($PAYX) director J. Michael Hansen filed a Form 4 disclosing an equity compensation grant received on October 15, 2026. The awards comprise 970 restricted stock units (RSUs) and 4,040 stock options.
Transaction Details
- Non-Derivative Award: 970 shares of Common Stock awarded at $0 per share under the Amended and Restated 2002 Stock Incentive Plan. Following this transaction, Hansen directly owns 1,594 shares of Common Stock.
- Derivative Award: An option grant for 4,040 shares of Common Stock with an exercise price of $110.78 per share, vesting beginning October 15, 2027, and expiring October 14, 2036.
Significance & Market Impact
This filing reflects standard director equity compensation and does not involve open-market buying or selling. As routine incentive equity awards, this transaction carries Low trading significance for investors.
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