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    Paychex Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    5/16/25 4:28:29 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials
    Get the next $PAYX alert in real time by email
    false 0000723531 0000723531 2025-05-15 2025-05-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549

    ____________________________

     

    FORM 8-K

    ____________________________

     

    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): May 16, 2025 (May 15, 2025)

    ____________________________

     

    Paychex, Inc.
    (Exact name of Registrant as Specified in Its Charter)

    ____________________________

     

    Delaware 01-11330 16-1124166

    (State or Other Jurisdiction

    of Incorporation)

    (Commission File Number)

    (IRS Employer 

    Identification No.) 

         
    911 Panorama Trail South    
    Rochester, New York   14625-2396
    (Address of Principal Executive Offices)   (Zip Code)

     

    Registrant’s Telephone Number, Including Area Code: (585) 385-6666

     

    (Former Name or Former Address, if Changed Since Last Report)

    ____________________________

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading
    Symbol(s)
      Name of each exchange on which registered
    Common Stock, $0.01 par value   PAYX   Nasdaq Global Select Market

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

    Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

     

    On May 15, 2025, B. Thomas Golisano notified the Board of Directors (the "Board") of Paychex, Inc. (the "Company") of his decision to step down from the Board, effective after the Company’s July, 2025 Board meeting. Mr. Golisano did not cite any disagreement on any matter relating to the Company's operations, policies or practices.

     

    Item 9.01 Financial Statements and Exhibits

     

    (d)

     

    Exhibit No.   Description
    99.1   Press Release of Paychex, Inc. dated May 16, 2025
    104   Cover Page Interactive File, embedded in Inline XBRL

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      PAYCHEX, INC.
       
      By: /s/ Prabha Sipi Bhandari
       

    Prabha Sipi Bhandari

    Chief Legal Officer, Chief Ethics Officer, and Secretary

     

    Date:  May 16, 2025

     

     

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