Paychex (PAYX) 10% Owner Thomas Golisano Gifts 334 Shares

What Happened

• Thomas B. Golisano, a reported 10% owner of Paychex, disposed of 334 shares of PAYX on 2026-09-01 by gift (transaction code G). The shares were valued at $127.04 each, for a total reported value of $42,431 (per the filing). This was a gift/distribution — not a purchase — and does not directly signal a buy or sell opinion.

Key Details

• Transaction date and price: 2026-09-01 — 334 shares at $127.04 per share (total $42,431).
• Transaction type: Gift / disposition (code G).
• Shares owned after transaction: Not specified in the information provided in your summary.
• Footnote: The transfer is described as a quarterly distribution pursuant to an irrevocable trust for which Mr. Golisano was named trustee on 7/22/2008.
• Filing timeliness: Report filed 2026-09-02 for a 2026-09-01 transaction (filed the next day; appears timely).

Context

• Gifts and trust distributions are generally administrative and do not necessarily indicate the insider’s view of the company’s prospects. As a 10% owner (rather than an executive trade), this transaction reflects a trust distribution rather than routine open-market trading by management.