Paychex Chairman Martin Mucci gifted 9,309 shares of Paychex, Inc. to The Mucci Family Foundation on July 17, 2026, according to an SEC filing. The shares were valued at approximately $1.1 million at the time of the transaction, representing a 2% reduction in his direct holdings. Mucci retains 434,891 shares directly, worth roughly $49.75 million, and remains one of the company's most invested insiders. The philanthropic transfer occurred after Paychex shares declined about 20% over the prior 12 months, following fiscal 2027 revenue growth guidance of just 5% to 6% despite fiscal 2026 revenue rising 17% to $6.51 billion.
Paychex IncPaychex guided fiscal 2027 revenue growth of only 5-6%, down from 17% in fiscal 2026, indicating slowing business momentum.