[Form 3] PAYCHEX INC Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Paychex (PAYX) filed a Form 3 reporting initial beneficial ownership by an officer. As of the event date 10/09/2025, the reporting person, an SVP, HCM, PEO & Insurance, directly owns 6,683 shares of Common Stock.

Table II lists stock options for Common Stock as follows: 6,775 shares at $119.72 exercisable on 01/15/2025 expiring 01/14/2034; 13,192 shares at $121.63 exercisable on 07/15/2025 expiring 07/14/2034; and 11,813 shares at $140.68 exercisable on 07/15/2026 expiring 07/14/2035. The filing indicates direct ownership and was signed by an attorney-in-fact.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Parodi Chad C

(Last) (First) (Middle)

911 PANORAMA TRAIL SOUTH

(Street)

ROCHESTER NY 14625

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/09/2025

3. Issuer Name and Ticker or Trading Symbol
PAYCHEX INC [ PAYX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, HCM, PEO & Insurance

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	6,683	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	01/15/2025	01/14/2034	Common Stock	6,775	$119.72	D
Stock Option	07/15/2025	07/14/2034	Common Stock	13,192	$121.63	D
Stock Option	07/15/2026	07/14/2035	Common Stock	11,813	$140.68	D

Explanation of Responses:

	Prabha S. Bhandari, Attorney-in-fact	10/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PAYX disclose in this Form 3?

An officer reported initial beneficial ownership, including 6,683 Common Stock shares held directly and several stock option grants with specified terms.

How many PAYX shares does the officer directly own?

The officer directly owns 6,683 shares of Common Stock.

What stock options were reported for PAYX?

Options for 6,775 shares at $119.72, 13,192 shares at $121.63, and 11,813 shares at $140.68 were reported.

When do the reported PAYX options become exercisable?

Exercisable on 01/15/2025, 07/15/2025, and 07/15/2026.

When do the reported PAYX options expire?

They expire on 01/14/2034, 07/14/2034, and 07/14/2035.

What is the officer’s role at Paychex (PAYX)?

The reporting person is an Officer, titled SVP, HCM, PEO & Insurance.

Was ownership reported as direct or indirect?

All listed holdings are shown as Direct (D) ownership.