PAYX Insider Trading

Paychex, Inc. (PAYX) operates in the Industrials sector, specifically the Staffing & Employment Services industry, with a market capitalization near $37.79B, listed on NASDAQ, employing roughly 17,600 people, carrying a beta of 0.85 to the broader market. Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc. Led by John Gibson Jr., public since 1983-08-26.

In the last 12 months, Paychex, Inc. insiders made 2 buy transactions and 5 sale transactions.

DateNameTypeSharesPriceValue
Oct 2, 2026ANTE ADAM BROOKSF-InKind1,762$100.84$177.7K
Oct 2, 2026BERGSTROM RYAN NORMANF-InKind1,393$100.84$140.5K
Sep 30, 2026GOLISANO B THOMASG-Gift562,635$99.91$56.2M
Sep 2, 2026GOLISANO B THOMASG-Gift334$127.04$42.4K
Aug 17, 2026Simmons Christopher CF-InKind130$122.02$15.9K
Jul 21, 2026MUCCI MARTING-Gift9,309$113.98$1.1M
Jul 21, 2026DOODY JOSEPHJ-Other164$0.00$0
Jul 21, 2026DOODY JOSEPHJ-Other164$0.00$0
Jul 21, 2026Schrader Robert L.S-Sale2,600$115.09$299.2K
Jul 17, 2026Gibson John BA-Award96,971$110.00$10.7M

PAYX Insider Activity by Quarter

Reported Form 4 and Form 5 lines under PAYX's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Aug 3, 2022, and a quarter counts only when every filing for it was read.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A2
Q3 20260N/A3$3.4M34
Q2 20260N/A2$425.2K11
Q1 20262$197.3K0N/A5
Q4 20250N/A0N/A32
Q3 20250N/A4$16.6M64
Q2 20250N/A3$5.4M11
Q1 20250N/A0N/A7
Q4 20240N/A6$14.2M26

PAYX Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 1,528 institutions reported holding 296,542,751 PAYX shares, valued at $29.17B as reported, 81.6% of its market cap (market cap of Jun 26, 2026). That is +16 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 132 opened a position, 99 closed one, 631 added and 538 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
Capital International Investors28,840,445$2.84B-1,108,241
BlackRock, Inc.27,753,178$2.73B-661,274
VANGUARD CAPITAL MANAGEMENT LLC21,040,690$2.07B+75,420
VANGUARD PORTFOLIO MANAGEMENT LLC15,277,715$1.50B+28,155
STATE STREET CORP14,411,341$1.42B+361,713
Invesco Ltd.13,040,655$1.28B+255,853
CHARLES SCHWAB INVESTMENT MANAGEMENT INC10,402,177$1.02B+1,026,924
GEODE CAPITAL MANAGEMENT, LLC10,250,030$1.01B-20,498
MORGAN STANLEY6,540,823$643.2M+1,242,795
FEDERATED HERMES, INC.5,881,768$578.4M-3,808

By Quarter

QuarterInstitutionsSharesValue
Q2 20261,528296,542,751$29.17B
Q1 20261,512295,695,423$27.26B
Q4 20251,589296,957,194$33.32B
Q3 20251,616275,730,392$34.93B
Q2 20251,665282,147,404$40.91B
Q1 20251,683279,590,454$43.11B
Q4 20241,617280,010,465$39.26B
Q3 20241,523279,012,129$37.34B
Q2 20241,495280,970,843$33.18B

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding PAYX

FundWeight of PAYXShares (as reported)Value (as reported)Source updated
SCHD Schwab U.S. Dividend Equity ETF0.83%8,949,316$900.9MOct 8, 2026
QQQ Invesco QQQ Trust, Series 10.15%7,363,241$747.7MOct 8, 2026
IVV iShares Core S&P 500 ETF0.05%4,259,508$432.6MOct 8, 2026
SPY State Street SPDR S&P 500 ETF0.05%3,894,258$394.5MOct 8, 2026
XLI State Street Industrial Select Sector SPDR ETF0.61%1,835,959$191.9MOct 8, 2026
RSP Invesco S&P 500 Equal Weight ETF0.18%1,702,330$172.9MOct 8, 2026
QQQM Invesco NASDAQ 100 ETF0.15%1,647,053$167.3MOct 8, 2026
IWR iShares Russell Mid-Cap ETF0.24%1,332,937$135.4MOct 8, 2026
FTCS First Trust Capital Strength ETF1.82%1,326,402$134.7MOct 8, 2026
QUAL iShares MSCI USA Quality Factor ETF0.25%1,192,633$121.1MOct 8, 2026
HDV iShares Core High Dividend ETF0.67%972,629$98.8MOct 8, 2026
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF1.27%877,764$89.7MOct 8, 2026
COWZ Pacer US Cash Cows 100 ETF0.46%855,277$86.9MOct 8, 2026
SPYM State Street SPDR Portfolio S&P 500 ETF0.05%852,806$86.6MOct 8, 2026
DUHP U.S. High Relative Profitability Portfolio ETF Class Shares0.38%735,700$74.3MOct 8, 2026

From each fund's latest holdings file on record that shows PAYX's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as PAYX's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for PAYX reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is PAYX's share of that fund.

PAYX Congress Trades

Members of Congress and their households disclosed 54 transactions in PAYX on file (26 purchases, 28 sales) by 17 members, the latest trade on Aug 25, 2026. The newest 10 are below.

MemberChamberTypeAmountTradedDisclosed
April McClain Delaney (D-MD-6)HouseSale$100,001 - $250,000Aug 25, 2026Sep 10, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000Apr 21, 2026May 7, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000Apr 16, 2026May 7, 2026
Gilbert Ray Cisneros, Jr. (D-CA-31)HousePurchase$1,001 - $15,000Apr 14, 2026May 11, 2026
Ro Khanna (D-CA-17)HousePurchase$1,001 - $15,000Apr 13, 2026May 13, 2026
Rick Larsen (D-WA-2)HouseSale (Full)$1,001 - $15,000Apr 7, 2026Apr 16, 2026
Alan Armstrong (R-OK)SenateSale (Full)$1,001 - $15,000Mar 27, 2026Jul 20, 2026
Michael T. McCaul (R-TX-10)HousePurchase$100,001 - $250,000Mar 4, 2026Apr 10, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000Feb 24, 2026Mar 11, 2026
April McClain Delaney (D-MD-6)HouseSale (Partial)$1,001 - $15,000Feb 23, 2026Mar 11, 2026

From the periodic transaction reports members of the Senate and the House file under the STOCK Act, within 45 days of a trade (some file later); amounts are the ranges the reports give (a few give an exact amount), and a transaction a later report lists again is counted once. On file: House reports disclosed from Apr 10, 2023 through Oct 13, 2026; Senate reports disclosed from Jan 30, 2014 through Oct 7, 2026. The party is the member's on the trade date. A trade is listed under the company that traded under its ticker on the trade date (dated from Feb 1, 2021, unless the filing describes another company of ours; before that, only when the filing's description of the security is the company's name).

How to Read PAYX Insider Activity

Net insider sentiment skews to the sell side over the trailing twelve months: 5 sales versus 2 buys. Insider sales carry less informational weight than buys because they are often driven by liquidity, tax planning, or pre-scheduled Rule 10b5-1 trading plans rather than negative information. The transaction type alone does not say whether a sale was made on the open market or privately, or under a 10b5-1 plan; the filing's plan checkbox and footnotes do. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked PAYX insider trading questions

How active are PAYX insiders right now?
Over the trailing twelve months, Paychex, Inc. (PAYX) insiders made 2 buy transactions and 5 sale transactions. Net insider sentiment over the trailing twelve months tilts to the sell side (5 sales vs 2 buys). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are PAYX insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do PAYX insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.