PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.'s Holding History (CIK: 0001536186)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 69,501 Value ($000) $7,797 Avg Close $116.54 Range $108.00 - $128.00

Q2 2025

Shares 18,956 Value ($000) $2,757 Avg Close $147.52 Range $131.76 - $158.49

Q1 2025

Shares 10,472 Value ($000) $1,616 Avg Close $143.17 Range $130.91 - $154.56

Q3 2024

Shares 2,552 Value ($000) $342 Avg Close $121.91 Range $110.27 - $132.34

Q2 2024

Shares 16,876 Value ($000) $2,001 Avg Close $116.34 Range $108.73 - $122.07

Q4 2023

Shares 5,111 Value ($000) $609 Avg Close $111.08 Range $99.22 - $122.00

Q1 2023

Shares 8,656 Value ($000) $992 Avg Close $104.30 Range $97.60 - $110.45

Q4 2022

Shares 45,179 Value ($000) $5,221 Avg Close $106.57 Range $95.82 - $116.78

Q3 2022

Shares 5,840 Value ($000) $655 Avg Close $112.11 Range $100.21 - $126.48

Q2 2022

Shares 5,936 Value ($000) $676 Avg Close $112.87 Range $99.58 - $127.09

Q1 2022

Shares 98,382 Value ($000) $13,426 Avg Close $109.73 Range $98.39 - $125.97

Q4 2021

Shares 3,038 Value ($000) $415 Avg Close $109.87 Range $98.59 - $123.71

Q3 2021

Shares 5,307 Value ($000) $597 Avg Close $99.29 Range $94.17 - $104.68

Q2 2021

Shares 85,829 Value ($000) $9,209 Avg Close $88.28 Range $81.10 - $95.27

Q1 2021

Shares 111,134 Value ($000) $10,893 Avg Close $80.38 Range $74.08 - $88.33

Q1 2020

Shares 3,371 Value ($000) $212 Avg Close $67.41 Range $40.50 - $76.59

Q4 2019

Shares 28,788 Value ($000) $2,449 Avg Close $70.68 Range $66.71 - $73.78

Q3 2019

Shares 8,890 Value ($000) $736 Avg Close $69.13 Range $65.71 - $71.95

Q2 2019

Shares 134,651 Value ($000) $11,080 Avg Close $69.57 Range $65.71 - $73.20

Q1 2019

Shares 74,927 Value ($000) $6,009 Avg Close $60.45 Range $51.63 - $66.34

Q4 2018

Shares 122,732 Value ($000) $7,996 Avg Close $55.05 Range $49.99 - $61.44

Q3 2018

Shares 83,823 Value ($000) $6,174 Avg Close $57.93 Range $53.90 - $61.20

Q2 2018

Shares 11,312 Value ($000) $773 Avg Close $51.54 Range $47.31 - $56.42

Q1 2018

Shares 31,976 Value ($000) $1,969 Avg Close $52.37 Range $47.16 - $57.65

Q4 2017

Shares 12,880 Value ($000) $877 Avg Close $51.63 Range $46.43 - $55.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	69,501	$7,797	$116.54	$108.00 - $128.00
Q2 2025	18,956	$2,757	$147.52	$131.76 - $158.49
Q1 2025	10,472	$1,616	$143.17	$130.91 - $154.56
Q3 2024	2,552	$342	$121.91	$110.27 - $132.34
Q2 2024	16,876	$2,001	$116.34	$108.73 - $122.07
Q4 2023	5,111	$609	$111.08	$99.22 - $122.00
Q1 2023	8,656	$992	$104.30	$97.60 - $110.45
Q4 2022	45,179	$5,221	$106.57	$95.82 - $116.78
Q3 2022	5,840	$655	$112.11	$100.21 - $126.48
Q2 2022	5,936	$676	$112.87	$99.58 - $127.09
Q1 2022	98,382	$13,426	$109.73	$98.39 - $125.97
Q4 2021	3,038	$415	$109.87	$98.59 - $123.71
Q3 2021	5,307	$597	$99.29	$94.17 - $104.68
Q2 2021	85,829	$9,209	$88.28	$81.10 - $95.27
Q1 2021	111,134	$10,893	$80.38	$74.08 - $88.33
Q1 2020	3,371	$212	$67.41	$40.50 - $76.59
Q4 2019	28,788	$2,449	$70.68	$66.71 - $73.78
Q3 2019	8,890	$736	$69.13	$65.71 - $71.95
Q2 2019	134,651	$11,080	$69.57	$65.71 - $73.20
Q1 2019	74,927	$6,009	$60.45	$51.63 - $66.34
Q4 2018	122,732	$7,996	$55.05	$49.99 - $61.44
Q3 2018	83,823	$6,174	$57.93	$53.90 - $61.20
Q2 2018	11,312	$773	$51.54	$47.31 - $56.42
Q1 2018	31,976	$1,969	$52.37	$47.16 - $57.65
Q4 2017	12,880	$877	$51.63	$46.43 - $55.51