What This Paychex Insider Sale Signals With Shares Down 20% in a Year — But Up 20% Since Earnings
Christopher Simmons exercised stock options and withheld shares for taxes, retaining 3,420 direct shares and 11,082 derivative securities.
Overview
Christopher C. Simmons, VP, Controller & Treasurer of Paychex, Inc. (NASDAQ:PAYX), disposed of 3,787 shares of common stock on July 15, 2026 and July 17, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($114.09); post-transaction value based on July 17, 2026 market close ($114.39).
Details
Founded in 1971 and headquartered in Rochester, New York, Paychex is a leading provider of HCM solutions with a market capitalization of $40.8 billion and TTM revenue of $6.5 billion. The company maintains a competitive advantage through its integrated platform approach, extensive service portfolio, and deep customer relationships with over 16,500 employees supporting millions of SMEs globally.
Source
Originally published at www.fool.com.