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Everett Today
By the People, for the People
Rep. Rick Larsen Sells Paychex Stock
Congressman discloses sale of $1,001 to $15,000 in Paychex shares
Apr. 18, 2026 at 6:10am
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An extreme close-up of the intricate inner workings of the financial system reflects the ongoing scrutiny of lawmakers' personal investments.Everett TodayRepresentative Rick Larsen (Democratic-Washington) recently sold shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on April 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Paychex stock on April 7th. The trade occurred in the Representative's 'RICHARD R LARSEN IRA' account.
Why it matters
As a member of Congress, Larsen's financial transactions are subject to public disclosure and scrutiny. This sale of Paychex stock, a major payroll and HR services provider, may raise questions about potential conflicts of interest or insider trading, even though the amounts involved are relatively small.
The details
Paychex, Inc. is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company's core services include payroll processing, tax filing, employee benefits administration, retirement services, and workers' compensation administration. Paychex announced a $1 billion share buyback program in January 2026, indicating the company believes its shares are undervalued.
- Representative Larsen disclosed the stock sale on April 15, 2026.
- The stock sale occurred on April 7, 2026.
The players
Representative Rick Larsen
A Democratic member of the U.S. House of Representatives, representing Washington's 2nd Congressional District. Larsen has served in Congress since 2001 and is running for re-election in 2026.
Paychex, Inc.
A provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses, headquartered in Rochester, New York. Paychex was founded in 1971 by B. Thomas 'Tom' Golisano.
What’s next
The House Ethics Committee may review the stock sale to ensure it complies with congressional rules and regulations.
The takeaway
This transaction highlights the ongoing scrutiny of lawmakers' personal financial dealings and the potential for perceived conflicts of interest, even with relatively small trades. It underscores the importance of transparency and accountability in public service.
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