FLASCHEN DAVID J S sold 74.9% of their position (16.03K shares) of PAYCHEX INC on the open market

Open‑market sale worth $1.92M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

FLASCHEN DAVID J S

Filed: 12/29/2023ACC: 0001209191-23-059989

InsiderFLASCHEN DAVID J SCIK 1229143

→

IssuerPAYCHEX INCCIK 723531

Director

Since Jul 2018

-16.03K

Net shares

Net seller

$1.92M

Total sold

Open market trades

0B · 3S

Total transactions

16.03K acquired · 32.06K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+3.03K

Price / share

$115.00

Trade value

$348.11K

% of position

56.2%

12/28/2023

5.38K→8.41K

Common Stock

Direct

S · Sale

−3.03K

Price / share

$119.73

Trade value

$362.42K

% of position

36.0%

12/28/2023

8.41K→5.38K

Common Stock

Direct

M · Option Exercise

+5.08K

Price / share

$112.67

Trade value

$571.80K

% of position

94.3%

12/28/2023

5.38K→10.46K

Common Stock

Direct

S · Sale

−5.08K

Price / share

$119.77

Trade value

$607.83K

% of position

48.5%

12/28/2023

10.46K→5.38K

Common Stock

Direct

M · Option Exercise

+7.93K

Price / share

$85.33

Trade value

$676.58K

% of position

147.3%

12/28/2023

5.38K→13.31K

Common Stock

Direct

S · Sale

−7.93K

Price / share

$119.82

Trade value

$950.05K

% of position

59.6%

12/28/2023

13.31K→5.38K

Total

Net shares

+0.00

Net value

-$323.82K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/28/2023	M · Option Exercise	+3.03K	$115.00	$348.11K	56.2%	5.38K	8.41K
Common Stock Direct	12/28/2023	S · Sale	−3.03K	$119.73	$362.42K	36.0%	8.41K	5.38K
Common Stock Direct	12/28/2023	M · Option Exercise	+5.08K	$112.67	$571.80K	94.3%	5.38K	10.46K
Common Stock Direct	12/28/2023	S · Sale	−5.08K	$119.77	$607.83K	48.5%	10.46K	5.38K
Common Stock Direct	12/28/2023	M · Option Exercise	+7.93K	$85.33	$676.58K	147.3%	5.38K	13.31K
Common Stock Direct	12/28/2023	S · Sale	−7.93K	$119.82	$950.05K	59.6%	13.31K	5.38K
Total			+0.00		-$323.82K

Derivative Transactions3

Stock Option

Direct

M · Option Exercise

Converts to

Common Stock

7.93K shares

−7.93K

Strike price

85.33

Held after

0.00

Exercisable

—

12/28/2023

Stock Option

Direct

M · Option Exercise

Converts to

Common Stock

5.08K shares

−5.08K

Strike price

112.67

Held after

0.00

Exercisable

—

12/28/2023

Stock Option

Direct

M · Option Exercise

Converts to

Common Stock

3.03K shares

−3.03K

Strike price

115.00

Held after

0.00

Exercisable

—

12/28/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Option Direct	Common Stock7.93K shares	12/28/2023	M · Option Exercise	−7.93K	85.33	—
Stock Option Direct	Common Stock5.08K shares	12/28/2023	M · Option Exercise	−5.08K	112.67	—
Stock Option Direct	Common Stock3.03K shares	12/28/2023	M · Option Exercise	−3.03K	115.00	—

Non-Derivative Holdings (Post-Transaction)3

Common Stock - Family Trust

Indirect

Shares owned6.11K

Common Stock - Family Trust

Direct

Shares owned33K

Common Stock - Family Trust

Indirect

Shares owned6.11K

Total

33K direct·12.22K indirect45.22K

Security Title	Shares Owned	Ownership Type
Common Stock - Family Trust	6.11K	Indirect
Common Stock - Family Trust	33K	Direct
Common Stock - Family Trust	6.11K	Indirect
Total	45.22K	33K direct·12.22K indirect

Derivative Holdings (Post-Transaction)6

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

5.79K

Shares owned

5.79K

Exercise price

73.53

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

9.62K

Shares owned

9.62K

Exercise price

57.20

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

8.64K

Shares owned

8.64K

Exercise price

70.37

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

3.38K

Shares owned

3.38K

Exercise price

120.86

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

10.22K

Shares owned

10.22K

Exercise price

60.59

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

9.49K

Shares owned

9.49K

Exercise price

47.43

Expiration

—

Exercise window

—

Total

Underlying

47.14K

Owned

47.14K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Option Direct	Common Stock	73.53	—	—	5.79K	5.79K
Stock Option Direct	Common Stock	57.20	—	—	9.62K	9.62K
Stock Option Direct	Common Stock	70.37	—	—	8.64K	8.64K
Stock Option Direct	Common Stock	120.86	—	—	3.38K	3.38K
Stock Option Direct	Common Stock	60.59	—	—	10.22K	10.22K
Stock Option Direct	Common Stock	47.43	—	—	9.49K	9.49K
Total					47.14K	47.14K