PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

Measured Risk Portfolios, Inc.'s Holding History (CIK: 0001576704)

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

Q3 2025

Shares 1,618 Value ($000) $205 Avg Close $137.17 Range $117.88 - $146.69

Q2 2025

Shares 1,663 Value ($000) $242 Avg Close $147.52 Range $131.76 - $158.49

Q1 2025

Shares 1,738 Value ($000) $268 Avg Close $143.17 Range $130.91 - $154.56

Q4 2024

Shares 1,745 Value ($000) $245 Avg Close $137.31 Range $127.32 - $146.13

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	1,618	$205	$137.17	$117.88 - $146.69
Q2 2025	1,663	$242	$147.52	$131.76 - $158.49
Q1 2025	1,738	$268	$143.17	$130.91 - $154.56
Q4 2024	1,745	$245	$137.31	$127.32 - $146.13