Paychex inc: director Velli Joseph M sold 7,839 shares

What happened Velli Joseph M, a director of Paychex inc, sold 7,839 shares open market on Oct 14, 2026, at $107.68 for $844,104. On Oct 15, 2026, he acquired 970 restricted stock units at $0.00 (award) and acquired 4,040 derivative shares at $110.78 for $447,551.

Key details

• Transaction dates and prices: Oct 14, 2026 — sale 7,839 shares @ $107.68 for $844,104; Oct 15, 2026 — award 970 RSUs @ $0.00; Oct 15, 2026 — acquisition 4,040 derivative shares @ $110.78 for $447,551.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: 970 RSUs are restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan (footnote F1).
• Filing timeliness: the filing does not indicate it was late.

Why it may matter

• The Oct 14 action was an open-market sale.
• The Oct 15 entries include an award of RSUs (subject to vesting) and an acquisition of derivative shares at a stated price.
  This filing does not show why the insider traded or why the company acted.