Paychex director gifts 302,050 shares; holds 36.64M post-gift
Paychex (PAYX) director reported a charitable transfer of common stock.
Rhea-AI Filing Summary
Paychex (PAYX) director reported a charitable transfer of common stock. On 10/22/2025, the insider filed a Code G transaction indicating a gift of 302,050 shares to various non-profit organizations.
After the transaction, the filer reported 36,640,584 shares beneficially owned directly and 41,277 shares owned indirectly through the Cynthia A. Golisano Irrevocable Trust U/A dtd 6/13/2005.
Positive
- None.
Negative
- None.
Insights
Routine insider gift; ownership remains substantial post-transaction.
A Paychex director reported a Code G gift of 302,050 shares on 10/22/2025. Code G denotes a bona fide gift, not an open-market sale, so it typically does not reflect a change in investment outlook.
Post-transaction holdings remain large at 36,640,584 shares (direct) and 41,277 (indirect via trust), indicating continued significant ownership. The footnote states the shares were gifted to various non-profit organizations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 302,050 | $127.54 | $38.52M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Gift of shares to various non-profit organizations.
FAQ
What did Paychex (PAYX) disclose in this Form 4?
What does Transaction Code G mean on a Form 4 for PAYX?
What are the insider’s holdings after the PAYX gift?
Who signed the PAYX Form 4 and when?
AI-generated analysis. How Rhea-AI works. Not financial advice.