PAYCHEX insider reports 1,032-share gift transfer

PAYCHEX INC ten percent owner Thomas B. Golisano reported a routine change in holdings on Common Stock.

Rhea-AI Filing Summary

PAYCHEX INC ten percent owner Thomas B. Golisano reported a routine change in holdings on Common Stock. A Cynthia A. Golisano Irrevocable Trust, for which he serves as trustee, made a bona fide gift transfer of 1,032 shares at a reference price of $96.98 per share as part of a quarterly distribution. Following this transaction, Golisano’s direct ownership remained large at 35,653,923 shares, and the trust’s indirect holdings reported for him were 38,218 shares.

Insider Trade Summary

1,032 shares gifted

Gift 2 txns

Insider GOLISANO B THOMAS

Role 10% Owner

Type	Security	Shares	Price	Value
Gift	Common Stock	1,032	$96.98	$100K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 38,218 shares (Indirect, Cynthia A. Golisano Irrevocable Trust U/A dtd 6/13/2005); Common Stock — 35,653,923 shares (Direct)

Footnotes (1)

1. F1. Quarterly distribution pursuant to the irrevocable trust for which Mr. Golisano was named trustee on 7/22/08.

Key Figures

Gifted shares: 1,032 shares Reference gift price: $96.98 per share Direct holdings after transaction: 35,653,923 shares +2 more

5 metrics

Gifted shares 1,032 shares Bona fide gift of PAYCHEX common stock on 2026-06-01

Reference gift price $96.98 per share Price reported for 1,032-share gift transaction

Direct holdings after transaction 35,653,923 shares Common stock directly owned by Thomas B. Golisano

Indirect trust holdings after transaction 38,218 shares Common stock held by Cynthia A. Golisano Irrevocable Trust

Gift transaction code Code G Indicates bona fide gift of common stock

Key Terms

bona fide gift, irrevocable trust, ten percent owner, indirect ownership

4 terms

bona fide gift financial

"transaction_code_description": "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

irrevocable trust financial

"Cynthia A. Golisano Irrevocable Trust U/A dtd 6/13/2005"

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

ten percent owner financial

""is_ten_percent_owner": 1"

indirect ownership financial

""ownership_type": "indirect""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did PAYCHEX INC (PAYX) report for Thomas B. Golisano?

PAYCHEX INC reported that Thomas B. Golisano, a ten percent owner, recorded a bona fide gift of common stock. The transaction involved shares held through an irrevocable trust for which he is trustee and reflects a routine quarterly distribution rather than an open-market trade.

How many PAYCHEX (PAYX) shares were transferred in the reported Form 4 gift?

The filing shows a bona fide gift transfer of 1,032 PAYCHEX common shares. These shares were held by the Cynthia A. Golisano Irrevocable Trust and distributed as part of a quarterly process, indicating a planned estate or wealth-transfer step rather than a market-driven trade.

What price per share is shown for the PAYCHEX (PAYX) gifted shares?

The Form 4 cites a price of $96.98 per share for the 1,032 gifted shares. This figure is a reference price used for reporting and does not indicate an open-market sale, since the transaction code "G" reflects a bona fide gift, not a purchase or sale.

What are Thomas B. Golisano’s direct PAYCHEX (PAYX) holdings after this filing?

After the reported transactions, Thomas B. Golisano directly holds 35,653,923 PAYCHEX common shares. This substantial direct position is separate from the indirectly held shares in the irrevocable trust and was not changed by the 1,032-share gift distribution reported in the Form 4.

How many PAYCHEX (PAYX) shares does the Cynthia A. Golisano Irrevocable Trust hold after the gift?

Following the bona fide gift, the Form 4 reports that the Cynthia A. Golisano Irrevocable Trust holds 38,218 PAYCHEX common shares attributed indirectly to Thomas B. Golisano. The filing notes this transaction as a quarterly distribution under the terms of the irrevocable trust.

Does the PAYCHEX (PAYX) Form 4 indicate a buy or sell by Thomas B. Golisano?

No open-market buy or sell is indicated. The only transaction with a defined code is a "G" bona fide gift of 1,032 shares by the irrevocable trust. The other entry is a holdings line, so there is no reported purchase or sale decision in this filing.

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

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Accepted by SEC EDGAR 06/02/2026 - 04:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GOLISANO B THOMAS

(Last) (First) (Middle)

911 PANORAMA TRAIL S.

(Street)

ROCHESTER NEW YORK 14625

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2026		G		1,032(1)	D	$96.98	38,218	I	Cynthia A. Golisano Irrevocable Trust U/A dtd 6/13/2005
Common Stock								35,653,923	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Quarterly distribution pursuant to the irrevocable trust for which Mr. Golisano was named trustee on 7/22/08.

	Prabha S. Bhandari, Attorney-in-fact	06/02/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)