BONADIO TOM 4
Research Summary
AI-generated summary
Paychex (PAYX) Director Tom Bonadio Buys 1,000 Shares
What Happened Tom Bonadio, a director of Paychex (PAYX), purchased 1,000 shares of Paychex common stock in an open-market transaction on February 4, 2026. The shares were acquired at $98.50 each for a total transaction value of $98,498. This was a purchase (insider acquisition), which investors often view as more informative than routine sales.
Key Details
- Transaction date and price: 2026-02-04, open-market purchase at $98.50 per share.
- Shares acquired: 1,000; total value: $98,498.
- Transaction code: P (purchase).
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Filing timeliness: Report filed 2026-02-05 for a 2026-02-04 transaction (filed on the next business day; appears timely).
- No footnotes (e.g., 10b5-1 plan, tax withholding) were indicated in the information provided.
Context This Form 4 reports a straightforward open-market buy by a company director. Purchases by insiders simply document ownership changes and do not, by themselves, prove future company performance. For a fuller picture, investors may monitor subsequent filings, overall insider activity, and company fundamentals.