Paychex Inc: director Hansen J. Michael received 5,010 shares

What happened Hansen J. Michael, a director, received two awards totaling 5,010 shares on Oct 15, 2026. The filing lists 970 shares acquired at $0.00 (reported value $0) and 4,040 shares acquired at $110.78 for a total reported value of $447,551 (derivative).

Key details

• Transaction date: Oct 15, 2026. Form 4 filed on Oct 16, 2026.
• Items reported: 970 shares @ $0.00 (acquired) and 4,040 shares @ $110.78 (acquired; derivative) for $447,551.
• Shares owned after the transaction: not reported in this filing.
• Footnote F1: Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
• Transaction code: A (award/grant) for the reported entries.

Why it may matter The filing reports awards of restricted stock units rather than open-market purchases or sales; the 4,040-share entry reflects derivative RSUs subject to vesting. A filing does not show why the insider traded or why the company acted.