secwatch.observer — SEC 8-K summary
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Issuer:     PAYCHEX INC (PAYX)
CIK:        0000723531
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0000950170-23-053313
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
LLM model:  deepseek-v4-flash:cloud@v2

Paychex stockholders elect all 12 director nominees and approve annual say-on-pay
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- All 12 director nominees elected; B. Thomas Golisano received 276.8M for vs 7.1M against.
- Advisory vote on executive compensation passed: 268.2M for, 14.8M against.
- Say-on-pay frequency set to annual: 279.3M votes for one year, 3.5M for three years.
- Ratification of PricewaterhouseCoopers as auditor: 319.3M for, 1.5M against.
- Board will hold future say-on-pay votes annually until at least 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723531/000095017023053313/0000950170-23-053313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723531/000095017023053313/payx-20231012.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-053313

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer