Company: PAYX
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001193125-25-191789
Chunk: 14

Company: PAYCHEX INC
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 14
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 | $ |  92,488 |     |              | $ |      0 |     |       | $ | 292,548 |
| Kevin A. Price        |     |             | $ | 117,500 |     |              | $ |  92,560 |     |         | $ |  92,488 |     |              | $ |      0 |     |       | $ | 302,548 |
| Joseph M. Tucci       |     |             | $ | 183,750 |     |              | $ |  92,560 |     |         | $ |  92,488 |     |              | $ |      0 |     |       | $ | 368,798 |
| Joseph M. Velli       |     |             | $ | 132,500 |     |              | $ |  92,560 |     |         | $ |  92,488 |     |              | $ |      0 |     |       | $ | 317,548 |
| Kara Wilson           |     |             | $ | 115,000 |     |              | $ |  92,560 |     |         | $ |  92,488 |     |              | $ |      0 |     |       | $ | 300,048 |

| (1) | As we previously disclosed, Mr. Flaschen retired from the board in October 2024. |

| (2) | As we previously disclosed, Mr. Golisano stepped down from the Board effective July 9, 2025. |

Fees Earned or Paid in Cash (Column (b)) The amounts reported in this column reflect the annual cash compensation paid to the directors during fiscal 2025, whether or not such fees were deferred. Annual cash compensation for the directors who own less than 5% of the outstanding shares of the common stock of the Company or do not also serve as executive officers is comprised solely of annual retainers, which are paid in quarterly installments. These retainers are paid for participation on the Board with separate retainers for committee membership. In addition to their committee membership retainers, committee chairs (with the exception of the Executive Committee) receive additional retainers in recognition for their time contributed in preparation for committee meetings. Mr. Mucci, who is not an independent director, receives an annual cash retainer of $195,000 for his services as Chairman of the