Paychex Inc: chief product officer Ryan Norman Bergstrom sold 1,393 shares

What happened The filing shows Ryan Norman Bergstrom, chief product officer, disposed of 1,393 shares to satisfy tax withholding obligations. The shares were reported at $100.84 each, for a total value of $140,470.

Key details

• Transaction date and price: Oct 1, 2026 — 1,393 shares at $100.84.
• Transaction code: F (payment of exercise price or tax liability).
• Shares owned after the transaction: not reported in this filing.
• Footnote F1: "Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock / restricted stock units."
• Form 4 filed on Oct 2, 2026; the filing is not marked as late.

Why it may matter

• The filing indicates shares were surrendered to cover tax withholding following the lapse of restrictions on restricted stock/RSUs, not a market purchase.
• The filing does not show why the insider traded or why the company acted.