GOLISANO B THOMAS 4

What Happened

• Thomas B. Golisano, a reported 10% owner of Paychex Inc. (PAYX), disposed of 163,930 shares via a gift on May 4, 2026. The reported per-share value was $93.21, for a total reported value of $15,279,915. The transaction is coded G (gift) on the Form 4 and was filed with the SEC on May 5, 2026.

Key Details

• Transaction date and price: 2026-05-04 at $93.21 per share (total $15,279,915)
• Transaction type/code: Gift (G); shares were disposed of (transferred) rather than sold
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: F1 indicates the gift was made to various non-profit organizations
• Filing timeliness: Period of report 2026-05-04; Form 4 filed 2026-05-05 (appears timely)

Context

• Gifts are transfers for charitable or personal reasons and do not necessarily signal the donor’s view of the company’s stock; they differ from market sales or purchases. As a 10% owner (not an executive trade), this is a large-holder transfer to nonprofits rather than open-market selling.