Argiropoulos Mason 4

What Happened
Mason Argiropoulos, Vice President and Chief HR Officer at Paychex (PAYX), had 79 shares disposed on April 15, 2026 to satisfy tax withholding obligations arising from the lapse of restrictions on restricted stock units (RSUs). The shares were disposed at $90.26 per share for a total of approximately $7,131. This was a routine tax-withholding disposition (code F), not an open-market sale intended as a personal liquidity/portfolio move.

Key Details

• Transaction date: 2026-04-15; Filing date: 2026-04-17 (filed within two business days).
• Price per share: $90.26; Shares disposed: 79; Total value: ~$7,131.
• Transaction code: F — shares withheld/disposed to satisfy tax withholding on RSU lapse (footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 explains the disposition was to satisfy tax withholding from RSU vesting; F2 notes ESPP balance as of March 31, 2026 (not directly related to this transaction).

Context
This is a common, administrative transaction when restricted stock units vest and taxes are due; the company or insider sometimes withholds or disposes of a small number of shares to cover tax obligations. Such transactions are typically routine and do not necessarily indicate a change in the insider’s view of the company.