GOLISANO B THOMAS 4

What Happened
B. Thomas Golisano, a greater-than-10% owner of Paychex (PAYX), disposed of 9,390 shares as a gift on January 23, 2026. The shares are reported at $107.17 per share, for a total value of $1,006,326. This was a gift (disposition) rather than a market sale or purchase and therefore is not a direct signal of buying or selling sentiment.

Key Details

• Transaction date and price: 2026-01-23 at $107.17 per share.
• Shares transferred: 9,390 (total reported disposition value $1,006,326).
• Transaction code: G (Gift). Footnote F1: gifted to various non-profit organizations.
• Shares owned after transaction: not specified in the provided filing summary.
• Filing date / timeliness: Form 4 filed 2026-01-26; no late-filing flag provided in the supplied data.

Context
Gifts of shares are commonly used for charitable giving or estate planning and do not necessarily reflect the insider’s view of the company’s prospects. As a >10% owner, Golisano is a significant shareholder (not an executive trade), so transfers can be administrative or philanthropic rather than trading for profit.