Paychex (PAYX) insider buying and selling
Every Table I transaction reported by directors and officers of S&P 500 companies on SEC Form 4 filings (2 business days to file): each row labeled with its official transaction code, nothing filtered out beforehand.
Open-market purchases (code P) are the rare signal, in green; sales (code S) are common and often pre-scheduled (10b5-1). Table II (derivatives) is not included: its prices are exercise prices, not market values. Guide: insider buying.
| Date | Ticker | Insider | Role | Shares | Price | Amount | % of stake | Type / filing |
|---|
Download these transactions as CSV No account, no sign-up. The data is public: it comes from SEC Form 4 filings.
Paychex, Inc. (PAYX) insider buying and selling: 2 purchases, 6 sales
86 Form 4 Table I transactions filed with the SEC by Paychex, Inc. insiders between 2025-09-03 and 2026-10-16 (15-month history): 2 open-market purchases and 6 sales, plus 78 transactions under other Form 4 codes, broken down one by one below. The largest open-market trade is a sale of $2.7M by Mucci Martin on 2026-07-14.
Paychex insider buying and selling over the last 12 months
Between Oct 21, 2025 and Oct 20, 2026, Paychex insiders filed 2 purchases worth $197k and 6 sales worth $4.6M on the open market. The net balance is on the sell side: $4.4M more sold than bought.
The biggest buyer was Doody Joseph (Director): $99k in 1 purchase, out of 2 different buyers. The biggest seller was Mucci Martin (Director): $2.7M in 1 sale, out of 6 different sellers.
The largest trade of the period was a sale of $2.7M on Jul 14, 2026, by Mucci Martin (Director). Form 4 on sec.gov (0001193125-26-304913).
None of the 6 sales carries the 10b5-1 plan flag on the Form 4 (sales scheduled months ahead).
The last three months show 0 purchases and 1 sale, against 0 and 5 in the three before. The latest purchase is from Feb 4, 2026; the latest sale from Oct 14, 2026.
Against its sector (Technology, 85 companies with an insider page on this site), over the same dates the median is 22 sales and 0 purchases on the open market. Paychex has more sales than 12 of the other 84, ranks 72 of 85 by net dollars sold, and 32 of the 85 have at least one purchase, Paychex included.
The 20 most important trades
The 2 open-market purchases first, then the rest, each type from largest to smallest. The full history is in the tool above, already searched.
See all 86 PAYX trades in the full history →
| Trade date | Filed | Insider | Role | Amount | Code | Filing |
|---|---|---|---|---|---|---|
| 2026-02-04 | 2026-02-05 | Doody Joseph | Director | $99k | P — Open-market purchase Indirect holding, through: Margaret Weiss Doody Revocable Living Trust | SEC |
| 2026-02-04 | 2026-02-05 | Bonadio Tom | Director | $98k | P — Open-market purchase | SEC |
| 2026-07-14 | 2026-07-15 | Mucci Martin | Director | $2.7M | S — Open-market saleForm 4 footnoteF1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.55 to $110.225, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-10-14 | 2026-10-16 | Velli Joseph M | Director | $844k | S — Open-market sale | SEC |
| 2026-06-26 | 2026-06-30 | Tucci Joseph M | Director | $384k | S — Open-market saleForm 4 footnoteF2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.25 to $98.31, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-07-17 | 2026-07-17 | Simmons Christopher C | VP, Controller & Treasurer | $303k | S — Open-market sale | SEC |
| 2026-07-20 | 2026-07-21 | Schrader Robert L. | Sr. VP, CFO | $299k | S — Open-market sale | SEC |
| 2026-05-13 | 2026-05-15 | Roaldsen Elizabeth | Sr. Vice President | $41k | S — Open-market sale | SEC |
| 2026-09-28 | 2026-09-30 | Golisano B Thomas | 10% Owner | $56.2M | G — GiftForm 4 footnoteF1 Gift of shares to various non-profit organizations. | SEC |
| 2025-10-22 | 2025-10-24 | Golisano B Thomas | 10% Owner | $38.5M | G — GiftForm 4 footnoteF1 Gift of shares to various non-profit organizations. | SEC |
| 2025-11-12 | 2025-11-12 | Golisano B Thomas | 10% Owner | $26.1M | G — GiftForm 4 footnoteF1 Gift of shares to various non-profit organizations. | SEC |
| 2026-01-21 | 2026-01-23 | Golisano B Thomas | 10% Owner | $25.8M | G — GiftForm 4 footnoteF1 Gift of shares to various non-profit organizations. | SEC |
| 2025-11-10 | 2025-11-12 | Golisano B Thomas | 10% Owner | $23.7M | G — GiftForm 4 footnoteF1 Gift of shares to various non-profit organizations. | SEC |
| 2026-07-14 | 2026-07-15 | Mucci Martin | Director | $18.0M | F — Tax withholding (shares surrendered for taxes) | SEC |
| 2026-05-04 | 2026-05-05 | Golisano B Thomas | 10% Owner | $15.3M | G — GiftForm 4 footnoteF1 Gift of shares to various non-profit organizations. | SEC |
| 2026-07-14 | 2026-07-15 | Mucci Martin | Director | $12.3M | M — Option exercise | SEC |
| 2026-05-06 | 2026-05-08 | Golisano B Thomas | 10% Owner | $10.0M | G — GiftForm 4 footnoteF1 Gift of shares to various non-profit organizations. | SEC |
| 2026-01-30 | 2026-02-02 | Golisano B Thomas | 10% Owner | $2.7M | G — GiftForm 4 footnoteF1 Gift of shares to various non-profit organizations. | SEC |
| 2026-07-15 | 2026-07-17 | Gibson John B | President and CEO | $1.5M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units. | SEC |
| 2025-10-01 | 2025-10-03 | Ante Adam Brooks | Sr. Vice President, Paycor | $1.1M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF1 Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock / restricted stock units. | SEC |
The period balance: money in, money out
Across the Form 4 filings submitted between Sep 3, 2025 and Oct 16, 2026, Paychex, Inc. open-market activity adds up to 2 purchases worth $197k and 6 sales worth $4.6M. The net balance is $4.4M on the sell side.
Only codes P and S count, where an insider puts in or takes out their own money. A selling balance like Paychex, Inc.'s is the norm in the S&P 500, where much of the pay comes as stock. It is not a recommendation to buy or sell: it is what was filed.
Every transaction, code by code
| Code | What it means | Trades | Reported amount |
|---|---|---|---|
| F | Tax withholding (shares surrendered for taxes) | 30 | $24.6M |
| A | Grant or award | 25 | $0 |
| G | Gift | 17 | $201.8M |
| S | Open-market sale | 6 | $4.6M |
| J | Other transaction (explained in the filing) | 3 | $0 |
| M | Option exercise | 3 | $13.5M |
| P | Open-market purchase | 2 | $197k |
| Total | Everything filed in the period | 86 | $244.7M |
28 of the 86 rows carry no usable amount on the Form 4: they count as trades and add $0. The code labels come from the SEC index.
Who has traded
Over the 15 months of history, 20 distinct people or entities have filed Paychex, Inc. transactions: 2 bought on the open market and 6 sold. Counted by CIK, the fixed number the SEC gives each filer, and not by name, which each filer types their own way.
Of the 6 who sold on the open market (6 sales in all), the three biggest sellers account for $4.0M of the $4.6M: 86% of the money in three people.
| Filer | Role | Transactions | Bought (count) | Sold (count) | Last filed |
|---|---|---|---|---|---|
| Mucci Martin | Director | 7 | — | $2.7M (1) | 2026-10-16 |
| Velli Joseph M | Director | 4 | — | $844k (1) | 2026-10-16 |
| Tucci Joseph M | Director | 5 | — | $384k (1) | 2026-10-16 |
| Simmons Christopher C | VP, Controller & Treasurer | 6 | — | $303k (1) | 2026-10-16 |
| Schrader Robert L. | Sr. VP, CFO | 5 | — | $299k (1) | 2026-10-16 |
| Doody Joseph | Director | 6 | $99k (1) | — | 2026-10-16 |
| Bonadio Tom | Director | 3 | $98k (1) | — | 2026-10-16 |
| Roaldsen Elizabeth | Sr. Vice President | 3 | — | $41k (1) | 2026-07-17 |
Shown here are the 8 who moved the most money, out of 20. The rest are in the full history, one link above. The name links to all their trades, in any company. "Transactions" counts any code; the money, open market only. Role: from their latest filing.
Month by month
By the month the trade was executed, not the month it was filed; months with no trades show zero. The busiest month was Jul 2026: 0 purchases and 3 sales, worth $3.4M. 10 of the 15 months have none.
| Month | Purchases | Amount | Sales | Amount |
|---|---|---|---|---|
| Aug 2025 | 0 | $0 | 0 | $0 |
| Sep 2025 | 0 | $0 | 0 | $0 |
| Oct 2025 | 0 | $0 | 0 | $0 |
| Nov 2025 | 0 | $0 | 0 | $0 |
| Dec 2025 | 0 | $0 | 0 | $0 |
| Jan 2026 | 0 | $0 | 0 | $0 |
| Feb 2026 | 2 | $197k | 0 | $0 |
| Mar 2026 | 0 | $0 | 0 | $0 |
| Apr 2026 | 0 | $0 | 0 | $0 |
| May 2026 | 0 | $0 | 1 | $41k |
| Jun 2026 | 0 | $0 | 1 | $384k |
| Jul 2026 | 0 | $0 | 3 | $3.4M |
| Aug 2026 | 0 | $0 | 0 | $0 |
| Sep 2026 | 0 | $0 | 0 | $0 |
| Oct 2026 | 0 | $0 | 1 | $844k |
The last month may be partial: a Form 4 is filed up to two business days later. The table does not say whether the pattern is good or bad; it says when it happened.
Paychex, Inc. (PAYX) analysis page →
Other Technology companies with insider trades
All 500 are listed in the section index →
Which insiders are buying their own company stock →
How to read this data
None of the 6 sales in the table is flagged as scheduled (10b5-1 plan), the kind signed months ahead and executed automatically. Paychex's 2 open-market purchases (code P) are the rare signal: insiders are already paid in stock, so buying more means putting in their own money. The latest filing is from Oct 16, 2026, and a Form 4 arrives up to two business days after the trade.
12 of the 20 rows in the table carry footnotes from the Form 4 itself, folded into the code column and copied verbatim; a row with no footnote means the filing has none.
Guide: Insider buying · all guides
What is behind these trades
The concepts on this page, explained from scratch in the Academy. Free, no account.
- What the efficiency hypothesis says and what it does NOT sayIf an insider's purchase is public and anyone can read it, is there any information left in it? That is the exact question that brings people here.
- Who really moves the market: the types of investorWho sits on the other side of each order, and where a company's own insiders fit among them.
- Supply, demand and price: why it rises and falls constantlyHow a piece of news ends up inside the price, and why the reaction to a filed sale is rarely the one you would expect.
Source: SEC EDGAR Form 4. This is a list of public facts, not financial advice or a recommendation to buy or sell.