ANTE ADAM BROOKS 4
4 · PAYCHEX INC · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Paychex (PAYX) Sr. VP Ante Adam Brooks Sells 2,249 Shares to Cover Taxes
What Happened Ante Adam Brooks, Senior Vice President (Paycor) at Paychex, disposed of 2,249 shares on April 1, 2026. The shares were disposed at $90.91 each for proceeds of $204,457. This disposition was to satisfy tax withholding obligations tied to the lapse of restrictions on restricted stock/RSUs, a routine administrative sale rather than a market-driven outright sale.
Key Details
- Transaction date: 2026-04-01; Price per share: $90.91; Total value: $204,457.
- Transaction type/code: F — disposition to satisfy tax withholding on restricted stock/RSUs.
- Footnote: F1 — sale was to satisfy tax withholding obligations arising from lapse of restrictions.
- Filing date: 2026-04-03 (timely based on the reported transaction date).
- Shares owned after transaction: not specified in the provided filing.
Context This was a tax-withholding disposition (common when restricted shares vest) and typically reflects administrative needs to cover taxes, not necessarily a signal about the insider’s view on the company. For retail investors, purchases or large voluntary sales can be more informative than routine withholding sales.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-01$90.91/sh−2,249$204,457→ 55,543 total
- 14,767
Stock Option
Exercise: $140.68From: 2026-07-15Exp: 2035-07-14→ Common Stock (14,767 underlying)
Footnotes (1)
- [F1]Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock / restricted stock units.