GOLISANO B THOMAS 4

What Happened
Thomas B. Golisano, a reported 10% owner of Paychex, disposed of 1,032 shares of PAYX on 2026-06-01 via a gift. The shares were valued at $96.98 each for a total value of $100,083. This transaction is coded as a gift (G) — not an open-market sale or purchase.

Key Details

• Transaction date and price: 2026-06-01 at $96.98 per share.
• Shares transferred/disposed: 1,032 (total value $100,083).
• Shares owned after transaction: Not specified in the information provided on this filing.
• Transaction code: G (gift).
• Footnote: Quarterly distribution pursuant to the irrevocable trust for which Mr. Golisano was named trustee on 7/22/2008.
• Filing timeliness: Form 4 was filed on 2026-06-02 (the day after the reported transaction), indicating timely reporting.

Context
Gifts are a non‑market disposal and generally do not signal the insider’s views about the company’s near‑term prospects. As a 10% owner and trustee making a trust distribution, this appears to be a routine trust-related transfer rather than a trade based on company outlook. Retail investors should treat gift transactions differently from purchases when assessing insider sentiment.