{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-016044","form_type":"8-K","ticker":"PAYX","cik":"0000723531","company_name":"PAYCHEX INC","filed_at":"2026-01-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.583821+00:00","generated_at":"2026-05-16T09:40:02.035558+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Paychex authorizes $1B stock buyback, appoints former Cintas CFO to board, declares $1.08 dividend","bullets":["Board approved new $1B share repurchase authorization, replacing prior $400M authorization.","Quarterly dividend of $1.08/share declared, payable Feb 27, 2026 to holders of record Jan 28, 2026.","Board expanded to 11 members; appointed J. Michael Hansen (former Cintas CFO) as independent director, effective immediately.","Hansen appointed to Audit Committee; brings financial expertise from 30-year Cintas tenure.","In fiscal 2025, Paychex returned over $1.5B to shareholders via dividends and repurchases."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-016044","json":"https://secwatch.observer/filing/0001193125-26-016044.json","markdown":"https://secwatch.observer/filing/0001193125-26-016044.md","text":"https://secwatch.observer/filing/0001193125-26-016044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723531/000119312526016044/0001193125-26-016044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723531/000119312526016044/payx-20260116.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:40:02.035558+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}