This is a routine, small-scale sale by a long-term 10% shareholder. The filing signals intent but the sale is immaterial relative to total holdings and market cap. No immediate trading action warranted.
Price Chart
Executive Summary
B. Thomas Golisano, a 10% shareholder of Paychex, filed a Form 144 notice of intent to sell 8,850 shares of common stock through Merrill Lynch. The shares were acquired in a private placement in 1996, and the proposed sale is valued at approximately $3.6 million based on the filing date. This is a relatively small sale relative to Golisano's total holdings, which exceed 89 million shares based on recent trust holdings listed in the filing.
Key Facts
- B. Thomas Golisano, a 10% shareholder, filed Form 144 to sell 8,850 shares of Paychex common stock.
- Shares were acquired on 05/23/1996 via a private placement.
- Proposed sale value is approximately $3,576,000 based on the filing date.
- Golisano's trust holdings total over 89 million shares based on recent transactions listed in the filing.
- The sale represents less than 0.01% of Golisano's apparent holdings and a negligible fraction of Paychex's $42B market cap.
Financial Impact
Proposed sale of 8,850 shares valued at ~$3.6 million, representing a de minimis portion of the insider's holdings and market cap.
Risk Factors
- Form 144 is only an intent to sell; the sale may not be executed.
- Insider selling patterns should be monitored for any escalation in volume.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-067612 |
| Document: 0001628280-26-067612-index.html | 0001628280-26-067612 |
| Document: 0001628280-26-067612.txt | 0001628280-26-067612 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 5d ago | 144 | $108.21 | awaiting T+5 | awaiting T+5 | $112.12 (+3.61%) |
Oct 20, 2026 12d ago | Institutional Cluster | $112.50 $109.26 | ▼ −2.88% | ▼ −2.78% | $112.12 (−0.34%) |
Sep 23, 2026 5w ago | 8-K | $104.50 $98.45 | ▼ −5.79% | ▼ −5.12% | $112.12 (+7.30%) |
Sep 4, 2026 8w ago | DEFA14A | $121.71 $118.51 | ▼ −2.63% | ▼ −1.42% | $112.12 (−7.88%) |
Jul 17, 2026 15w ago | Insider Cluster | $115.20 $113.55 | ▼ −1.43% | ▼ −1.01% | $112.12 (−2.67%) |
Jul 17, 2026 15w ago | Insider Cluster | $115.20 $113.55 | ▼ −1.43% | ▼ −1.01% | $112.12 (−2.67%) |
Jun 10, 2026 20w ago | Press Release | $101.10 | awaiting T+5 | awaiting T+5 | $112.12 (+10.90%) |
Feb 28, 2026 35w ago | Institutional Cluster | $94.02 $98.22 | ▲ +4.47% | ▲ +5.68% | $112.12 (+19.26%) |
US Market Status
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