Paychex VP & Controller Christopher Simmons Disposes 38 Shares for Tax Withholding
PAYCHEX INC
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Filing Summary
# Insider Transaction Alert: PAYCHEX INC ($PAYX)
**Insider:** Christopher C Simmons
**Role:** VP, Controller & Treasurer
**Transaction Date:** 2026-10-15
**Type:** Tax Withholding (Code F)
**Shares Transacted:** 38 shares @ $110.78
**Total Value:** $4,209.64
**Post-Transaction Holdings:** 3,252 shares
**Significance:** Low (Routine Tax Obligation)
Comprehensive Analysis
Executive Summary
On October 15, 2026, Christopher C. Simmons, VP, Controller & Treasurer of Paychex Inc ($PAYX), reported the disposition of 38 shares of Common Stock at an average price of $110.78 per share, totaling approximately $4,209.64. Following this transaction, Simmons directly owns 3,252 shares of common stock alongside various unexercised option holdings.
Transaction Details
- Security: Common Stock
- Transaction Code: F (Tax withholding)
- Nature: Non-discretionary share withholding to satisfy tax obligations resulting from the vesting and lapse of restrictions on restricted stock units (RSUs).
- Volume: 38 shares
- Price per Share: $110.78
- Total Transaction Value: $4,209.64
Significance & Market Impact
The trading significance of this Form 4 filing is rated as Low. The disposition was strictly administrative and automated to cover tax liabilities associated with RSU vesting, rather than an open-market discretionary sale. It carries neutral implications regarding management sentiment or business outlook.
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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.
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