Paychex (NASDAQ: PAYX) director Hansen J. Michael reports equity holdings

Rhea-AI Filing Summary

Paychex director Hansen J. Michael has filed an initial statement of beneficial ownership. As of the event date, he directly holds 624 shares of Paychex common stock.

He also directly holds a stock option covering 2,435 shares of common stock with an exercise price of $111.18 per share. This option becomes exercisable on January 19, 2027 and expires on January 18, 2036. The filing is a routine disclosure of his equity interests as a company director.

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^*

Hansen J. Michael

(Last) (First) (Middle)

911 PANORAMA TRAIL SOUTH

(Street)

ROCHESTER NY 14625

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/16/2026

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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	624	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	01/19/2027	01/18/2036	Common Stock	2,435	$111.18	D

Explanation of Responses:

	Prabha S. Bhandari, Attorney-in-fact	01/23/2026
	** 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 does Paychex (PAYX) director Hansen J. Michael report on this Form 3?

The filing shows that Hansen J. Michael, a director of Paychex, Inc., reports his initial beneficial ownership consisting of common stock and a stock option in the company.

How many Paychex (PAYX) common shares does Hansen J. Michael directly own?

He directly owns 624 shares of Paychex common stock, reported as beneficially owned in Table I of the filing.

What stock options in Paychex (PAYX) does Hansen J. Michael hold?

He holds a stock option covering 2,435 shares of Paychex common stock, reported in Table II as a derivative security.

What is the exercise price of Hansen J. Michael’s Paychex stock option?

The reported stock option has an exercise price of $111.18 per share for the underlying Paychex common stock.

When do Hansen J. Michael’s Paychex stock options vest and expire?

The stock option becomes exercisable on January 19, 2027 and expires on January 18, 2036, as disclosed in the filing.

Is Hansen J. Michael’s ownership in Paychex direct or indirect?

The filing reports his 624 common shares and 2,435 option shares as held with direct (D) ownership and does not list any indirect ownership.