Trade Summary

6 days ago, Schrader Robert L., serving as Sr. VP, CFO at PAYCHEX INC (PAYX), sold 2,600 shares at $115.09 per share, for a total transaction value of $299,234.00. Following this transaction, Schrader Robert L. now holds 18,547 shares of PAYX.

This sale represents a 12.29% decrease in Schrader Robert L.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, July 20, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, July 21, 2026 at 4:00 PM ET, 1 day after the trade was made.

PAYCHEX INC operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.