PAYX 8-K
Paychex Inc (PAYX)
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
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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:
Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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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:
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For |
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Against |
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Abstain |
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Broker Non-Votes |
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Martin Mucci |
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274,003,034 |
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12,387,949 |
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254,109 |
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36,271,182 |
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Thomas F. Bonadio |
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281,982,967 |
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4,329,866 |
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332,259 |
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36,271,182 |
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Joseph G. Doody |
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268,973,833 |
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17,377,558 |
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293,701 |
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36,271,182 |
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John B. Gibson |
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281,686,797 |
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4,598,590 |
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359,705 |
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36,271,182 |
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Pamela A. Joseph |
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265,750,756 |
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20,619,457 |
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274,879 |
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36,271,182 |
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Theresa M. Payton |
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282,748,290 |
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3,593,628 |
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303,174 |
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36,271,182 |
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Kevin A. Price |
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277,432,037 |
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8,719,297 |
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493,758 |
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36,271,182 |
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Joseph M. Tucci |
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269,884,383 |
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16,465,489 |
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295,220 |
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36,271,182 |
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Joseph M. Velli |
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275,480,474 |
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10,827,791 |
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336,827 |
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36,271,182 |
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Kara Wilson |
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282,675,567 |
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3,621,081 |
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348,444 |
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36,271,182 |
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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:
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For |
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Against |
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Abstain |
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Broker Non-Votes |
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275,491,813 |
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10,038,236 |
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1,115,043 |
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36,271,182 |
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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:
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For |
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Against |
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Abstain |
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318,217,078 |
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4,314,110 |
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385,086 |
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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.
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PAYCHEX, INC. |
Date: |
October 14, 2025 |
By: |
s/ Prabha Sipi Bhandari |
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Prabha Sipi Bhandari |