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Michael E. Gioja, insider at Paychex

Michael E. Gioja Insider Information

VP of Paychex
Mike Gioja is the Senior Vice President of IT and product development at Paychex. He leads the development of all Paychex applications including the company’s full-scale human capital management (HCM) offering, Paychex Flex. Committed to delivering highly available, effective, and secure solutions to help clients and Paychex employees succeed, Gioja also oversees all internal corporate applications, IT projects, and security processes. Combining innovative software-as-a-service (SaaS) technology, and a mobile-first design, with the strong culture of service at Paychex, Gioja looks to empower America’s businesses with solutions that help them do what they want – when, where, and how they want.

Gioja has more than 35 years of experience in product management and strategy, as well as software and information technology. At Paychex, he’s led his teams through the creation of product road maps and the launch of the cloud-based Paychex Flex, which offers a streamlined and integrated approach to HCM. Gioja and his team have also orchestrated an agile transformation to drive innovation and cultural change at Paychex. Throughout his career, Gioja has led the implementation of large-scale enterprise resource planning (ERP) platforms, as well as best-of-breed SaaS applications. Prior to Paychex, he held senior leadership positions with companies including IBM, American Express, Fidelity, SAP, and PeopleSoft.

Gioja is a member of the board of directors for the Rochester Philharmonic Orchestra. He also serves on the advisory board for the State University of NY at Oswego, where he earned a Bachelor of Science degree in computer science.

What is Michael E. Gioja's net worth?

The estimated net worth of Michael E. Gioja is at least $6.30 million as of July 8th, 2022. Mr. Gioja owns 47,113 shares of Paychex stock worth more than $6,302,306 as of August 11th. This net worth estimate does not reflect any other assets that Mr. Gioja may own. Additionally, Mr. Gioja receives a salary of $1,180,000.00 as VP at Paychex. Learn More about Michael E. Gioja's net worth.

How old is Michael E. Gioja?

Mr. Gioja is currently 64 years old. There are 6 older executives and no younger executives at Paychex. The oldest executive at Paychex is Mr. Efrain Rivera DM, MBA, Sr. VP, CFO & Treasurer, who is 65 years old. Learn More on Michael E. Gioja's age.

What is Michael E. Gioja's salary?

As the VP of Paychex, Inc., Mr. Gioja earned a total compensation package of $2,521,643.00 in 2021. Mr. Gioja earned a salary of $449,231.00, stock awards of $805,521.00, options awards of $538,009.00, non-equity compensation of $713,213.00, and other compensation of $15,669.00.There are 2 executives that earn more than Mr. Gioja. The highest earning executive at Paychex is Mr. Martin Mucci, Chairman & CEO, who commands a salary of $3,030,000.00 per year. Learn More on Michael E. Gioja's salary.

How do I contact Michael E. Gioja?

The corporate mailing address for Mr. Gioja and other Paychex executives is 911 PANORAMA TRAIL SOUTH, ROCHESTER NY, 14625. Paychex can also be reached via phone at (585) 385-6666 and via email at [email protected] Learn More on Michael E. Gioja's contact information.

Has Michael E. Gioja been buying or selling shares of Paychex?

During the past quarter, Michael E. Gioja has sold $612,804.07 in Paychex stock. Most recently, Michael E. Gioja sold 4,009 shares of the business's stock in a transaction on Friday, July 8th. The shares were sold at an average price of $116.80, for a transaction totalling $468,251.20. Following the completion of the sale, the vice president now directly owns 47,113 shares of the company's stock, valued at $5,502,798.40. Learn More on Michael E. Gioja's trading history.

Who are Paychex's active insiders?

Paychex's insider roster includes Mark Bottini (VP), Joseph Doody (Director), David Flaschen (Director), John Gibson (VP), Michael Gioja (VP), Martin Mucci (CEO), Efrain Rivera (CFO), Karen Saunders-Mcclendon (VP), Stephanie Schaeffer (Insider), Robert Schrader (VP), Joseph Tucci (Director), and Joseph Velli (Director). Learn More on Paychex's active insiders.

Are insiders buying or selling shares of Paychex?

In the last year, insiders at the business services provider sold shares 21 times. They sold a total of 382,626 shares worth more than $49,740,503.91. The most recent insider tranaction occured on July, 18th when CFO Efrain Rivera sold 30,866 shares worth more than $3,584,468.58. Insiders at Paychex own 11.5 % of the company. Learn More about insider trades at Paychex.

Information on this page was last updated on 7/18/2022.

Michael E. Gioja Insider Trading History at Paychex

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/8/2022Sell4,009$116.80$468,251.2047,113View SEC Filing Icon  
7/6/2022Sell1,227$117.81$144,552.8751,122View SEC Filing Icon  
4/5/2022Sell26,000$141.26$3,672,760.0052,349View SEC Filing Icon  
12/8/2021Sell591$123.04$72,716.64View SEC Filing Icon  
10/15/2021Sell8,000$118.94$951,520.00View SEC Filing Icon  
4/12/2021Sell35,294$95.53$3,371,635.8279,015View SEC Filing Icon  
10/26/2020Sell10,891$81.91$892,081.8167,296View SEC Filing Icon  
1/13/2020Sell17,881$85.81$1,534,368.6170,023View SEC Filing Icon  
1/10/2020Sell50,088$85.74$4,294,545.1270,023View SEC Filing Icon  
4/2/2019Sell29,840$80.58$2,404,507.20View SEC Filing Icon  
7/12/2018Sell515$70.37$36,240.5544,881View SEC Filing Icon  
7/6/2018Sell5,542$69.79$386,776.1843,552View SEC Filing Icon  
3/29/2018Sell110,000$61.63$6,779,300.00170,974View SEC Filing Icon  
1/4/2018Sell34,311$68.91$2,364,371.0163,374View SEC Filing Icon  
7/6/2017Sell7,343$57.40$421,488.2055,632View SEC Filing Icon  
1/17/2017Sell24,726$60.72$1,501,362.7255,984View SEC Filing Icon  
7/21/2016Sell6,190$60.23$372,823.7062,174View SEC Filing Icon  
4/5/2016Sell19,450$53.52$1,040,964.0068,717View SEC Filing Icon  
4/20/2015Sell19,483$49.03$955,251.49View SEC Filing Icon  
7/10/2014Sell2,307$41.78$96,386.46View SEC Filing Icon  
7/6/2014Sell4,422$41.55$183,734.10View SEC Filing Icon  
7/11/2013Sell3,922$38.89$152,526.58View SEC Filing Icon  
12/28/2012Sell26,375$31.09$819,998.75View SEC Filing Icon  
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Michael E. Gioja Buying and Selling Activity at Paychex

This chart shows Michael E Gioja's buying and selling at Paychex by year and by quarter.

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Paychex Company Overview

Paychex logo
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.
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Today's Range

Now: $133.77
Low: $133.02
High: $134.02

50 Day Range

MA: $120.54
Low: $113.00
High: $130.90

2 Week Range

Now: $133.77
Low: $106.55
High: $141.92


19,701 shs

Average Volume

1,420,022 shs

Market Capitalization

$48.29 billion

P/E Ratio


Dividend Yield



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