• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Paychex Inc.

    1/25/24 3:33:12 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials
    Get the next $PAYX alert in real time by email
    SC 13G 1 tg_2023_sc_13ga.htm SC 13G SC 13G

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

    SCHEDULE 13G/A

    Under the Securities Exchange Act of 1934

    (Amendment)*

     

     

    PAYCHEX, INC.

    (Name of Issuer)

     

    COMMON STOCK, PAR VALUE $0.01 PER SHARE

    (Title of Class of Securities)

     

    704326 10 7

    (CUSIP Number)

     

    DECEMBER 31, 2023

    (Date of Event Which Requires Filing of this Statement)

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

    [ ] Rule 13d-1(b)

    [X] Rule 13d-1(c)

    [ ] Rule 13d-1(d)

     

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


     

    CUSIP NO.704326 10 7 Schedule 13G/A Page 2 of 4

     

    1)
    Names of Reporting Persons.

    I.R.S. Identification Nos. of Above Persons (Entities Only).

     

    B. Thomas Golisano

     

     

    2)
    Check the Appropriate Box if a Member of a Group:

     

        (a) [ ]

        (b) [ ]

     

    3) SEC Use Only

     

    4) Citizenship or Place of Organization:

     

             United States

     

    Number of

    Shares

    5) Sole Voting Power

    37,554,613 (1)

    Beneficially Owned by

    6) Shared Voting Power

    278,068 (2)

    Each

    Reporting

    7) Sole Dispositive Power

     37,554,613  (1)

    Person With:

    8) Shared Dispositive Power

     

      278,068 (2)

    9) Aggregate Amount Beneficially Owned by Each Reporting Person:

    37,832,681 (1) (2)

     

    10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares:

     

    [ ]

     

    11) Percent of Class Represented by Amount in Row 9:

    10.5%

     

    12) Type of Reporting Person:

     

    IN

     

    Footnotes:

    1.
    Includes 45,761 shares held in the name of family members, trusts, or other entities of Mr. Golisano. Mr. Golisano shares voting and investment power of these shares.
    2.
    Includes 278,068 shares owned by the B. Thomas Golisano Foundation, of which Mr. Golisano is a member of the foundation’s ten-member board of trustees. Mr. Golisano disclaims beneficial ownership of these shares but does share voting and investment power.

     

     

     

     

     


    CUSIP NO. 704326 10 7 Schedule 13G/A Page 3 of 4

     

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

     

    PAYCHEX, INC.

    (Name of Company)

     

    Item 1.

    (a) Name of Issuer:

          Paychex, Inc.

     

     

    (b) Address of Issuer's Principal Executive Offices:

          911 Panorama Trail South

          Rochester, NY 14625

     

    Item 2.

    (a) Name of Person Filing:

          B. Thomas Golisano

     

     

    (b) Address of Principal Business Office, or, if None, Residence:

          c/o 7632 County Road 42

          Victor, NY 14564

     

     

    (c) Citizenship:

           United States

     

     

    (d) Title of Class of Securities:

          Common Stock, par value $0.01 per share

     

     

    (e) CUSIP Number:

     

          704326 10 7

     

    Item 3.

    Not Applicable

     

     


    CUSIP NO. 704326 10 7 Schedule 13G/A Page 4 of 4

     

    Item 4.

    Ownership.

     

     

    (a) Amount Beneficially Owned:

    37,832,681

     

     

    (b) Percent of Class:

    10.5%

     

     

    (c) Number of Shares as to Which Such Person Has:

     

     

          (i) Sole Power to Vote or to Direct the Vote:

    37,554,613

     

          (ii) Shared Power to Vote or to Direct the Vote:

    278,068

     

          (iii) Sole Power to Dispose or to Direct the Disposition of:

    37,554,613

     

          (iv) Shared Power to Dispose or to Direct the Disposition of:

    278,068

     

    The footnotes to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference.

     

     

    Item 5.

    Ownership of Five Percent or Less of a Class.

    Not Applicable.

     

    Item 6.

    Ownership of More than Five Percent on Behalf of Another Person.

     

    Not Applicable

     

    Item 7.

    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

     

    Not Applicable.

     

    Item 8.

    Identification and Classification of Members of the Group.

     

    Not Applicable.

     

    Item 9.

    Notice of Dissolution of Group.

     

    Not Applicable.

     

    Item 10.

    Certification.

     

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

     

     

     

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    Dated: January 24, 2024

     

     /s/ B. Thomas Golisano

     B. Thomas Golisano

     



    Get the next $PAYX alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $PAYX

    DatePrice TargetRatingAnalyst
    7/10/2025$160.00Market Perform
    BMO Capital Markets
    12/22/2023$132.00 → $123.00Outperform → Market Perform
    TD Cowen
    12/14/2023$107.00 → $126.00Underweight → Equal Weight
    Barclays
    11/7/2023$120.00Neutral
    UBS
    9/5/2023$130.00Sector Perform
    RBC Capital Mkts
    6/2/2023$115.00Neutral
    UBS
    4/3/2023$119.00 → $105.00Neutral → Underperform
    BofA Securities
    1/17/2023$110.00Equal Weight → Underweight
    Barclays
    More analyst ratings

    $PAYX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    BMO Capital Markets initiated coverage on Paychex with a new price target

    BMO Capital Markets initiated coverage of Paychex with a rating of Market Perform and set a new price target of $160.00

    7/10/25 8:59:30 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    Paychex downgraded by TD Cowen with a new price target

    TD Cowen downgraded Paychex from Outperform to Market Perform and set a new price target of $123.00 from $132.00 previously

    12/22/23 7:30:07 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    Paychex upgraded by Barclays with a new price target

    Barclays upgraded Paychex from Underweight to Equal Weight and set a new price target of $126.00 from $107.00 previously

    12/14/23 7:44:19 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    $PAYX
    SEC Filings

    View All

    SEC Form DEFA14A filed by Paychex Inc.

    DEFA14A - PAYCHEX INC (0000723531) (Filer)

    8/29/25 8:05:08 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    SEC Form DEF 14A filed by Paychex Inc.

    DEF 14A - PAYCHEX INC (0000723531) (Filer)

    8/29/25 8:00:53 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    Paychex Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - PAYCHEX INC (0000723531) (Filer)

    7/14/25 4:03:02 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    $PAYX
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Flaschen David J S bought $81,546 worth of Common Stock - Family Trust (700 units at $116.52), increasing direct ownership by 0.75% to 33,248 units (SEC Form 4)

    4 - PAYCHEX INC (0000723531) (Issuer)

    3/8/24 4:00:09 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    $PAYX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Large owner Golisano B Thomas gifted 736 shares (SEC Form 4)

    4 - PAYCHEX INC (0000723531) (Issuer)

    9/3/25 4:00:13 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    VP, Controller & Treasurer Simmons Christopher C covered exercise/tax liability with 296 shares, decreasing direct ownership by 5% to 5,427 units (SEC Form 4)

    4 - PAYCHEX INC (0000723531) (Issuer)

    8/18/25 4:00:19 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    Director Doody Joseph disposed of 761 shares and acquired 761 units of Common Stock - Family Trust, decreasing direct ownership by 82% to 164 units (SEC Form 4)

    4 - PAYCHEX INC (0000723531) (Issuer)

    7/21/25 4:00:05 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    $PAYX
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Paychex Introduces New Financial Management Solution Powered by BILL to Simplify Payroll and Payments for SMBs

    Bill Pay, Powered by BILL, will empower SMBs on Paychex Flex® to streamline payroll, HR, and accounts payable in a single platform Paychex, Inc. (NASDAQ:PAYX), an industry-leading human capital management (HCM) company, today announced a new financial management solution for accounts payable provided by BILL (NYSE:BILL), a leading intelligent financial operations platform for small and midsize businesses (SMBs). Launching through Paychex Flex®, Bill Pay, Powered by BILL, integrates payroll, HR, and accounts payable and empowers SMBs to manage their people and payments in one seamless experience. According to the 2025 BILL Report, nearly 40% of SMBs that have not yet automated their fina

    9/10/25 8:30:00 AM ET
    $BILL
    $PAYX
    EDP Services
    Technology
    Diversified Commercial Services
    Industrials

    Hourly Wage Growth Among U.S. Small Business Workers Near Five-Year Low

    Small business job growth remains flat in August According to the Paychex Small Business Employment Watch for August, job growth among U.S. small businesses with fewer than 50 employees remained flat, consistent with trends observed for the last year, while national hourly earnings growth for workers reached its lowest level since December 2020 at 2.58%, continuing to trend below three percent for the 10th consecutive month. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250902048901/en/The Paychex Small Business Employment Watch for August showed small business job growth remained flat and national hourly earnings growth for

    9/2/25 8:30:00 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    U.S. Small Business Job Growth Remains Stable in July

    Hourly earnings growth for workers reports below three percent for 11 of the last 12 months Job growth among U.S. small businesses with fewer than 50 employees is holding steady, according to the Paychex Small Business Employment Watch for July. The national Small Business Jobs Index, a primary component of the report that measures the pace of small business job growth across the country, has increased 0.17 percentage points to 99.82 in July. Meanwhile, hourly earnings growth for small business workers has maintained a consistent trend, remaining below three percent (2.74%) for the ninth consecutive month. This press release features multimedia. View the full release here: https://www.bu

    7/29/25 8:30:00 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    $PAYX
    Leadership Updates

    Live Leadership Updates

    View All

    Paychex Announces Efrain Rivera Plans to Retire as CFO

    Robert L. Schrader, Paychex Vice President of Finance and Investor Relations, to succeed Rivera as CFO effective October 13th Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chief financial officer will retire as CFO, effective October 12th, 2023. Rivera will remain as a senior advisor for the remainder of 2023. Robert L. Schrader, currently vice president of Finance and Investor Relations, will be named senior vice president and CFO, effective October 13, 2023. "On behalf of the board of directors, the management team,

    9/5/23 4:00:00 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    Paychex Expands Board of Directors, Appoints New Member

    Experienced business leader Theresa M. Payton appointed to Paychex Board of Directors ROCHESTER, N.Y., Jan. 24, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that the company's Board of Directors has voted to expand to 12 members from 11 members. The Board has also appointed Theresa M. Payton to fill the new position. Ms. Payton is the founder and CEO of Fortalice Solutions, a firm advising Fortune 150 Boards, C-Suite, and regulators on secured technology innovation and transformation efforts regarding customer delivery and privacy.

    1/24/23 8:44:00 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    Paychex Expands Board, Appoints President and CEO John B. Gibson, Jr.

    ROCHESTER, N.Y., Oct. 14, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that the company's board of directors has voted to expand from 10 to 11 members. The board has appointed Paychex president and CEO John B. Gibson, Jr. to fill the new position.   Gibson is the fourth president and CEO in the 50-year history of Paychex. In addition to his appointment to the board of directors, Gibson will serve on the executive committee of the b

    10/14/22 9:00:00 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    $PAYX
    Financials

    Live finance-specific insights

    View All

    Paychex Declares Quarterly Dividend

    The Board of Directors of Paychex, Inc. (NASDAQ:PAYX) declared a regular quarterly cash dividend on Paychex common stock of $1.08 per share, payable on August 29, 2025, to shareholders of record as of July 21, 2025. About Paychex Paychex, Inc. (NASDAQ:PAYX) is the digitally driven HR leader that is reimagining how companies address the needs of today's workforce with the most comprehensive, flexible, and innovative HCM solutions for organizations of all sizes. Offering a full spectrum of HR advisory and employee solutions, Paychex pays one out of every 11 American private sector workers and is raising the bar in HCM for nearly 800,000 customers in the U.S. and Europe. Every member of the

    7/9/25 4:15:00 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    Paychex, Inc. Reports Fourth Quarter and Full Year 2025 Results

    Double Digit Revenue Growth in Fourth Quarter Completed the Acquisition of Paycor HCM, Inc. ("Paycor") Issues Fiscal 2026 Business Outlook Paychex, Inc. (NASDAQ:PAYX) (the "Company," "Paychex," "we," "our," or "us") today reported results for the fiscal quarter ended May 31, 2025 (the "fourth quarter") and fiscal year ended May 31, 2025 ("fiscal 2025"). Results compared with the same period last year are as follows:     Fourth Quarter             Fiscal Year           In millions, except per share amounts   2025     2024     Change(2)

    6/25/25 8:30:00 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    Paychex, Inc. Schedules Fourth Quarter Fiscal 2025 Earnings Conference Call for June 25, 2025

    Paychex, Inc. (NASDAQ:PAYX) will release financial results for its fiscal 2025 fourth quarter ended May 31, 2025 before the financial markets open on Wednesday, June 25, 2025. The company will host a conference call at 9:30 a.m. ET on Wednesday, June 25, 2025, to review the results for the quarter. Participating in this call will be John Gibson, President and Chief Executive Officer, and Bob Schrader, Chief Financial Officer. The conference call will be webcast live and available for replay for approximately 90 days on the Paychex Investor Relations portal. About Paychex Paychex, Inc. (NASDAQ:PAYX) is the digitally driven HR leader that is reimagining how companies address the needs

    6/13/25 9:00:00 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    $PAYX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Paychex Inc.

    SC 13G/A - PAYCHEX INC (0000723531) (Subject)

    11/13/24 10:27:58 AM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    SEC Form SC 13G filed by Paychex Inc.

    SC 13G - PAYCHEX INC (0000723531) (Subject)

    2/9/24 6:05:54 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials

    SEC Form SC 13G filed by Paychex Inc.

    SC 13G - PAYCHEX INC (0000723531) (Subject)

    1/25/24 3:33:12 PM ET
    $PAYX
    Diversified Commercial Services
    Industrials