8-K

PAYCHEX INC (PAYX)

8-K 2025-10-14 For: 2025-10-09
View Original
Added on April 08, 2026

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, 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): October 09, 2025

Paychex, Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware 0-11330 16-1124166
(State or Other Jurisdiction<br>of Incorporation) (Commission File Number) (IRS Employer<br>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
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N/A
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(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<br>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 5.07 Submission of Matters to a Vote of Security Holders

The 2025 Annual Meeting of Stockholders of Paychex, Inc. (the “Company”) was held on October 09, 2025, via live webcast, for the following purposes: (i) to elect the ten (10) director nominees named in the Company’s Proxy Statement to serve as members of the Board of Directors of the Company for a one-year term and until their respective successors are elected and qualified; (ii) to hold a non-binding advisory vote on the compensation of the Company’s named executive officers; and (iii) to ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2026.

There were present at the Annual Meeting, either in person or by proxy, holders of 322,916,274 shares of common stock entitled to vote.

Results of stockholder voting are as follows:

Proposal 1: Election of Directors

Each of the 10 nominees for director was duly elected, with votes as follows:

For Against Abstain Broker Non-Votes
Martin Mucci 274,003,034 12,387,949 254,109 36,271,182
Thomas F. Bonadio 281,982,967 4,329,866 332,259 36,271,182
Joseph G. Doody 268,973,833 17,377,558 293,701 36,271,182
John B. Gibson 281,686,797 4,598,590 359,705 36,271,182
Pamela A. Joseph 265,750,756 20,619,457 274,879 36,271,182
Theresa M. Payton 282,748,290 3,593,628 303,174 36,271,182
Kevin A. Price 277,432,037 8,719,297 493,758 36,271,182
Joseph M. Tucci 269,884,383 16,465,489 295,220 36,271,182
Joseph M. Velli 275,480,474 10,827,791 336,827 36,271,182
Kara Wilson 282,675,567 3,621,081 348,444 36,271,182

Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation

The non-binding advisory vote on the compensation of the Company’s named executive officers was approved, with votes as follows:

For Against Abstain Broker Non-Votes
275,491,813 10,038,236 1,115,043 36,271,182

Proposal 3: Ratification of Selection of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm

The selection of PricewaterhouseCoopers LLP as the Company’s independent registered accounting firm for fiscal year 2026 was ratified, with votes as follows:

For Against Abstain
318,217,078 4,314,110 385,086

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.
Date: October 14, 2025 By: s/ Prabha Sipi Bhandari
Prabha Sipi Bhandari<br>Chief Legal Officer, Chief Ethics Officer, and Secretary