Paychex holder Golisano reports $51M planned sale

The shares were acquired from Paychex in a cash private placement on May 23, 1996; Merrill Lynch is named as broker.

Available on EDGAR 11/10/2026 - 04:33 PM EST Accepted by SEC EDGAR 11/10/2026 - 04:33 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Paychex Inc. 10% shareholder B. Thomas Golisano reported 439,970 common shares to be sold, with an approximate sale date of November 9, 2026, and an aggregate market value of $51,005,722. Merrill Lynch, Pierce, Fenner & Smith Incorporated is named as broker.

The securities section also lists 439,970 shares sold by the B. Thomas Golisano Revocabl Living Trust on November 9 for gross proceeds of $51,005,722. The shares were acquired from Paychex in a cash private placement on May 23, 1996. The trust is listed as seller in six common-stock transactions from September 28 through November 9, including 562,635 shares for gross proceeds of $56,212,863 on September 28.

Key Figures

Shares to be sold: 439,970 shares Aggregate market value: $51,005,722 Shares sold: 562,635 shares +3 more

6 metrics

Shares to be sold 439,970 shares Approximate sale date November 9, 2026

Aggregate market value $51,005,722 Shares reported for sale

Shares sold 562,635 shares B. Thomas Golisano Revocabl Living Trust, September 28, 2026

Gross proceeds $56,212,863 Trust sale on September 28, 2026

Shares sold 295,857 shares B. Thomas Golisano Revocabl Living Trust, October 19, 2026

Gross proceeds $32,674,447 Trust sale on October 19, 2026

Key Terms

Private Placement, Aggregate Market Value, 10% Shareholder

3 terms

Private Placement financial

"Private Placement"

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

Aggregate Market Value financial

"Aggregate Market Value"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

10% Shareholder regulatory

"10% Shareholder"

FAQ

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How many PAYX shares did Thomas Golisano report for sale?

B. Thomas Golisano, identified as a 10% shareholder, reported 439,970 common shares to be sold, with an approximate sale date of November 9, 2026. The aggregate market value is listed as $51,005,722, and Merrill Lynch, Pierce, Fenner & Smith Incorporated is named as broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0000903201
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Paychex Inc.
SEC File Number
Address of Issuer	911PanoramaTrail S Rochester NEW YORK 14625
Phone	5853856666
Name of Person for Whose Account the Securities are To Be Sold	GOLISANO B THOMAS
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	10% Shareholder

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch, Pierce, Fenner & Smith Incorporated 1241 Pittsford Victor Rd Pittsford NY 14534	439970	51005722	357600000	11/09/2026	NASD

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/23/1996	Private Placement	Paychex			439970	05/23/1996	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
B. Thomas Golisano Revocabl Living Trust 7632 County Road 42 Victor NY 14564	Common	09/28/2026	562635	56212863
B. Thomas Golisano Revocabl Living Trust 7632 County Road 42 Victor NY 14564	Common	10/19/2026	295857	32674447
B. Thomas Golisano Revocabl Living Trust 7632 County Road 42 Victor NY 14564	Common	10/20/2026	14747	1661839
B. Thomas Golisano Revocabl Living Trust 7632 County Road 42 Victor NY 14564	Common	10/22/2026	21890	2547339
B. Thomas Golisano Revocabl Living Trust 7632 County Road 42 Victor NY 14564	Common	10/26/2026	8850	1026866
B. Thomas Golisano Revocabl Living Trust 7632 County Road 42 Victor NY 14564	Common	11/09/2026	439970	51005722

144: Remarks and Signature

Remarks
Date of Notice	11/10/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Harrison Wright
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)