GOLISANO B THOMAS 4

What Happened
Thomas B. Golisano, a reported 10% owner of Paychex Inc. (PAYX), disposed of 239,845 shares via a gift on January 21, 2026. The shares are reported at $107.77 per share, for a total reported value of $25,848,096. This was a gift (Form 4 code G), not an open-market sale — gifts are philanthropic transfers and do not necessarily signal the insider’s view of the stock.

Key Details

• Transaction date and price: 2026-01-21, 239,845 shares at $107.77 each.
• Total value reported: $25,848,096.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: F1 — gift of shares to various non-profit organizations.
• Filing date: 2026-01-23 (filed within the standard Section 16 reporting window; not indicated as late).
• Transaction code: G (Gift).

Context

• As a 10% owner, Golisano is a large shareholder rather than an active executive trade; transfers by major holders can reflect estate planning or charitable giving rather than market views.
• Gifts are dispositions for reporting purposes but typically do not carry the same interpretive weight as open-market sales or purchases when assessing insider sentiment.