Paychex Inc: sr. vp, cfo Schrader Robert L. sold 116 shares

What happened Schrader Robert L., sr. vp, cfo of Paychex Inc, disposed of 116 shares at $110.78 per share on Oct 15, 2026, for $12,850 to satisfy tax withholding obligations arising from lapse of restrictions on restricted stock units.

Key details

• Transaction date and price: Oct 15, 2026 — 116 shares at $110.78 per share.
• Total value reported: $12,850.
• Transaction code: F (disposition to satisfy tax withholding).
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: "Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units."
• Filing date: Oct 16, 2026 (no late filing indicator reported).

Why it may matter

• The filing shows shares were disposed to cover tax withholding on restricted stock units (per footnote F1).
• The filing does not show why the insider traded or why the company acted.