{"schema_version":"secwatch.filing_event.v1","accession":"0000723531-21-000031","form_type":"8-K","ticker":"PAYX","cik":"0000723531","company_name":"PAYCHEX INC","filed_at":"2021-07-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.613939+00:00","generated_at":"2026-06-30T06:44:26.514208+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Paychex adds board member, authorizes $400M buyback, declares $0.66 dividend","bullets":["Kevin A. Price appointed to Paychex Board of Directors, expanding board from 9 to 10 members, effective July 7, 2021.","Board authorized a new $400 million stock repurchase program expiring January 31, 2024, in addition to existing program.","Quarterly dividend of $0.66 per share declared, payable August 26, 2021 to shareholders of record August 2, 2021.","Mr. Price is founder and president of PartsScription and former VP at Sears Holdings with over 35 years experience."],"urls":{"canonical":"https://secwatch.observer/filing/0000723531-21-000031","json":"https://secwatch.observer/filing/0000723531-21-000031.json","markdown":"https://secwatch.observer/filing/0000723531-21-000031.md","text":"https://secwatch.observer/filing/0000723531-21-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723531/000072353121000031/0000723531-21-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723531/000072353121000031/payx-20210707x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T06:44:26.514208+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"841301736c","claim":"Kevin A. Price was appointed as Director at PAYCHEX INC.","evidence_excerpt":"the Company announced that the Board of Directors (the “Board”) has voted to expand to ten members and has appointed Kevin A. Price to fill the newly created position.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723531/000072353121000031/0000723531-21-000031-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}