GOLISANO B THOMAS 4

What Happened

• Thomas Golisano, a reported 10% owner of Paychex, Inc. (PAYX), disposed of 109,300 shares as a gift on May 6, 2026. The shares were reported at $91.27 per share, for a total value of $9,975,811. This was a gift (transaction code G), not a sale or purchase — gifts are dispositions but do not necessarily indicate the insider’s view of the stock.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (filed within the typical 2-business-day window).
• Price reported: $91.27 per share.
• Shares disposed: 109,300; reported total value: $9,975,811.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares were gifted to various non-profit organizations.
• Transaction code: G = Gift. No 10b5-1 plan, tax-withholding, or late-filing flag reported in this filing.

Context

• Gifts to charities are common for high-net-worth insiders and do not necessarily reflect buying or selling sentiment about the company. As a 10% owner, Golisano is a large stockholder rather than an officer-level trade; such transfers can be for philanthropy or tax/estate planning and should be interpreted differently from open-market purchases or sales.