PAYCHEX INC - Director's Dealing 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2024-10-16

Reporting Person: Bottini Mark Anthony (N/A)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-10-16	Common Stock	M	46875	$47.32	Acquired	126621	Direct
2024-10-16	Common Stock	S	35318	$141.71	Disposed	91303	Direct
2024-10-16	Common Stock	S	11557	$142.34	Disposed	79746	Direct
2024-10-16	Common Stock	F	386	$142.28	Disposed	79360	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-10-16	Stock Option	$47.32	M	46875	Disposed	2025-07-07	Common Stock (46875)	Direct

Security	Shares	Ownership
Common Stock	1668	Indirect
Common Stock ESPP	27	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$60.84	2026-07-05	Common Stock (43760)	43760	Direct
Stock Option	$60.84	2026-07-05	Common Stock (113318)	113318	Direct
Stock Option	$57.24	2027-07-11	Common Stock (41159)	41159	Direct
Stock Option	$69.54	2028-07-10	Common Stock (31653)	31653	Direct
Stock Option	$85.46	2029-07-09	Common Stock (34165)	34165	Direct
Stock Option	$73.53	2030-07-14	Common Stock (39823)	39823	Direct
Stock Option	$112.67	2031-07-14	Common Stock (22755)	22755	Direct
Stock Option	$115	2032-07-14	Common Stock (17563)	17563	Direct
Stock Option	$120.86	2033-07-14	Common Stock (19904)	19904	Direct
Stock Option	$121.63	2034-07-14	Common Stock (19787)	19787	Direct

F1: Exercise of stock options approaching 10-year expiration date.

F2: ESPP balance as of 9/30/2024.

F3: Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units.