Paychex major holder Golisano gifts 334 shares

PAYCHEX ten percent owner Thomas B. Golisano reported a small trust gift while maintaining over 35.6 million PAYX shares directly.

Rhea-AI Filing Summary

PAYCHEX INC (PAYX) major shareholder Thomas B. Golisano reported a bona fide gift of 334 shares of common stock on September 1, 2026, made from the Cynthia A. Golisano Irrevocable Trust for which he serves as trustee, as part of a quarterly trust distribution. The filing also reports that he continues to hold 35,653,923 PAYCHEX common shares directly and 37,884 shares indirectly through the trust. No Rule 10b5-1 trading plan is reported for these transactions, and the gift does not represent an open-market sale.

Insider Trade Summary

334 shares gifted

Gift 2 txns

Insider GOLISANO B THOMAS

Role 10% Owner

Type	Security	Shares	Price	Value
Gift	Common Stock F1	334	$127.04	$42K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 37,884 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: 334 shares Reported value per share for gift: $127.04 per share Indirect holdings after gift: 37,884 shares +2 more

5 metrics

Gifted shares 334 shares Bona fide gift of PAYCHEX common stock on September 1, 2026

Reported value per share for gift $127.04 per share Reference price reported for the 334-share gift transaction

Indirect holdings after gift 37,884 shares PAYCHEX common stock held indirectly via Cynthia A. Golisano Irrevocable Trust

Direct holdings 35,653,923 shares PAYCHEX common stock held directly by Thomas B. Golisano as of September 1, 2026

Gift frequency Quarterly Footnote describes the gift as a quarterly distribution under the irrevocable trust

Key Terms

bona fide gift, irrevocable trust, ten percent owner

3 terms

bona fide gift regulatory

"The transaction is coded as a bona fide gift of 334 shares"

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 regulatory

"Thomas B. Golisano is reported as a ten percent owner of PAYCHEX"

FAQ

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

What did PAYX insider Thomas B. Golisano report in this Form 4?

He reported a bona fide gift of 334 shares of PAYCHEX common stock on September 1, 2026, made from the Cynthia A. Golisano Irrevocable Trust as a quarterly distribution, while retaining a large direct and indirect ownership position.

How many PAYX shares did Golisano gift, and at what reference price?

The Form 4 reports a gift of 334 shares of PAYCHEX common stock, with a reported value reference of $127.04 per share. The transaction is coded as a bona fide gift, not a market sale.

How many PAYX shares does Golisano hold after this reported gift?

After the reported transactions, Thomas B. Golisano holds 35,653,923 PAYCHEX common shares directly and 37,884 shares indirectly through the Cynthia A. Golisano Irrevocable Trust, as disclosed in the Form 4 holdings entries.

Was the PAYX Form 4 gift by Golisano made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not checked, and the footnote describes the transaction as a quarterly distribution by the irrevocable trust, rather than a trade under a pre-arranged plan.

What is the nature of Golisano’s indirect PAYX ownership reported in this Form 4?

The indirect ownership relates to 37,884 shares of PAYCHEX common stock held by the Cynthia A. Golisano Irrevocable Trust U/A dated 6/13/2005, for which Thomas B. Golisano has been trustee since July 22, 2008.

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

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Available on EDGAR 09/02/2026 - 04:01 PM EDT Accepted by SEC EDGAR 09/02/2026 - 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)
09/01/2026

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	09/01/2026		G		334(1)	D	$127.04	37,884	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.

	Todd Card, Attorney-in-fact	09/02/2026
	** 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)