A Form 144 notice of proposed sale was filed on October 27, 2026, by B. Thomas Golisano, a 10% shareholder of Paychex, Inc., covering 8,850 shares of common stock with an aggregate market value of $1,026,866, to be sold through Merrill Lynch, Pierce, Fenner & Smith Incorporated.

Key Highlights

  • Proposed sale: 8,850 shares of Paychex common stock with an aggregate market value of $1,026,866, with an approximate sale date of October 26, 2026.
  • Seller: Golisano B Thomas, identified as a 10% shareholder of Paychex, Inc.
  • Original acquisition: The 8,850 shares were acquired on May 23, 1996, via private placement from Paychex, paid in cash on May 23, 1996.
  • Broker: Merrill Lynch, Pierce, Fenner & Smith Incorporated, 1241 Pittsford Victor Rd, Pittsford, NY 14534.
  • Shares outstanding: 357,600,000 shares of common stock outstanding, according to the filing.
  • Prior three-month sales: The B. Thomas Golisano Revocable Living Trust sold a combined 904,979 shares across five transactions between September 28, 2026, and October 26, 2026, generating total gross proceeds of $94,123,354.

Golisano's Proposed Paychex Share Sale and Recent Selling Activity

According to the Form 144 filed with the U.S. Securities and Exchange Commission on October 27, 2026, B. Thomas Golisano, a 10% shareholder of Paychex, Inc. (NASD:PAYX), intends to sell 8,850 shares of the company's common stock. The filing identifies the broker for the proposed transaction as Merrill Lynch, Pierce, Fenner & Smith Incorporated, located at 1241 Pittsford Victor Rd, Pittsford, NY 14534. The approximate date of sale listed in the filing is October 26, 2026, and the aggregate market value of the proposed sale is stated as $1,026,866.

The filing discloses that the 8,850 shares subject to this notice were originally acquired on May 23, 1996, through a private placement from Paychex, with payment made in cash on that same date. As of the filing, Paychex had 357,600,000 shares of common stock outstanding, according to the notice.

The filing also reports sales by the B. Thomas Golisano Revocable Living Trust, 7632 County Road 42, Victor, NY 14564, during the three months preceding the notice. Those sales, which Rule 144 requires to be disclosed, totaled 904,979 shares across five separate transactions: 562,635 shares on September 28, 2026 (gross proceeds $56,212,863); 295,857 shares on October 19, 2026 (gross proceeds $32,674,447); 14,747 shares on October 20, 2026 (gross proceeds $1,661,839); 21,890 shares on October 22, 2026 (gross proceeds $2,547,339); and 8,850 shares on October 26, 2026 (gross proceeds $1,026,866). The notice was signed by Harrison Wright.

What Was Disclosed

Paychex 10% shareholder B. Thomas Golisano filed a Form 144 on October 27, 2026, proposing to sell 8,850 shares of common stock valued at $1,026,866, originally acquired in a 1996 private placement, alongside disclosure of approximately $94.1 million in prior three-month sales by the Golisano Revocable Living Trust.