Form 4: Paychex Director Golisano Gifts Shares to Non-Profits

Paychex Director and 10% Owner B. Thomas Golisano gifted 239,845 shares of common stock to various non-profit organizations.

Summary

• B. Thomas Golisano, a Director and 10% Owner of Paychex Inc. (PAYX), disposed of 239,845 shares of common stock.
• The transaction occurred on January 21, 2026, and was a gift (transaction code 'G') to various non-profit organizations.
• The shares were valued at $107.77 per share at the time of the transaction.
• Following this transaction, Golisano directly beneficially owns 35,953,283 shares of Common Stock.
• Additionally, Golisano indirectly beneficially owns 40,354 shares through the Cynthia A. Golisano Irrevocable Trust U/A dtd 6/13/2005.

Sentiment

Score: 5

Explanation: The filing reports a personal philanthropic gift of shares by a director and 10% owner, which is neutral for the company's operational performance and does not indicate a change in business outlook.

Positives

• Demonstrates philanthropic engagement by a significant insider, potentially enhancing the company's association with social responsibility.

Negatives

• Reduces the direct beneficial ownership of a key insider (Director and 10% Owner) by 239,845 shares, though this was a gift and not a sale indicating a lack of confidence.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This insider transaction is a personal event for a director and does not directly reflect broader industry trends or competitive dynamics within the human capital management or payroll services sector.

Stakeholder Impact

• Shareholders: The direct beneficial ownership of a significant insider has decreased, but the nature of the transaction (a gift to non-profits) suggests no negative implications for company confidence.
• Non-profit organizations: Beneficiaries of the gifted shares.

Key Dates

Keywords

Paychex, PAYX, Golisano, Form 4, insider transaction, stock gift, director, 10% owner, common stock, philanthropy