PAYCHEX INC — Director's Dealing 2025

Jul 11, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2025-07-10

Reporting Person: MUCCI MARTIN (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-07-10	Common Stock	M	208590	$60.84	Acquired	628507.3318	Direct
2025-07-10	Common Stock	F	149165	$145.55	Disposed	479342.3318	Direct
2025-07-10	Common Stock	M	226636	$60.84	Acquired	705978.3318	Direct
2025-07-10	Common Stock	F	161535	$145.62	Disposed	544443.3318	Direct
2025-07-10	Common Stock	S	97526	$145.17	Disposed	446917.3318	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-07-10	Stock Option	$60.84	M	208590	Disposed	2026-07-05	Common Stock (208590)	Direct
2025-07-10	Stock Option	$60.84	M	226636	Disposed	2026-07-05	Common Stock (226636)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$57.24	2027-07-11	Common Stock (214482)	214482	Direct
Stock Option	$69.54	2028-07-10	Common Stock (179191)	179191	Direct
Stock Option	$85.46	2029-07-09	Common Stock (195228)	195228	Direct
Stock Option	$73.53	2030-07-14	Common Stock (195428)	195428	Direct
Stock Option	$112.67	2031-07-14	Common Stock (108086)	108086	Direct
Stock Option	$109.19	2032-10-14	Common Stock (3299)	3299	Direct
Stock Option	$120.86	2033-07-14	Common Stock (3985)	3985	Direct
Stock Option	$121.63	2034-07-14	Common Stock (3949)	3949	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.00 to $145.54, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.