PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

Ethic Inc.'s Holding History (CIK: 0001780570)

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

Q4 2025

Shares 53,535 Value ($000) $6,006 Avg Close $116.54 Range $108.00 - $128.00

Q3 2025

Shares 58,834 Value ($000) $7,458 Avg Close $137.17 Range $117.88 - $146.69

Q2 2025

Shares 62,104 Value ($000) $8,939 Avg Close $147.52 Range $131.76 - $158.49

Q1 2025

Shares 56,896 Value ($000) $8,796 Avg Close $143.17 Range $130.91 - $154.56

Q4 2024

Shares 49,579 Value ($000) $6,952 Avg Close $137.31 Range $127.32 - $146.13

Q3 2024

Shares 49,406 Value ($000) $6,067 Avg Close $121.91 Range $110.27 - $132.34

Q2 2024

Shares 51,954 Value ($000) $6,160 Avg Close $116.34 Range $108.73 - $122.07

Q1 2024

Shares 49,406 Value ($000) $6,067 Avg Close $114.65 Range $109.88 - $118.72

Q4 2023

Shares 46,088 Value ($000) $5,490 Avg Close $111.08 Range $99.22 - $122.00

Q3 2023

Shares 44,710 Value ($000) $5,156 Avg Close $112.19 Range $102.46 - $120.23

Q2 2023

Shares 41,205 Value ($000) $4,610 Avg Close $101.03 Range $96.32 - $106.39

Q1 2023

Shares 30,918 Value ($000) $3,543 Avg Close $104.30 Range $97.60 - $110.45

Q4 2022

Shares 26,209 Value ($000) $3,029 Avg Close $106.57 Range $95.82 - $116.78

Q3 2022

Shares 26,358 Value ($000) $2,958 Avg Close $112.11 Range $100.21 - $126.48

Q2 2022

Shares 29,021 Value ($000) $3,305 Avg Close $112.87 Range $99.58 - $127.09

Q1 2022

Shares 25,111 Value ($000) $3,427 Avg Close $109.73 Range $98.39 - $125.97

Q4 2021

Shares 18,639 Value ($000) $2,544 Avg Close $109.87 Range $98.59 - $123.71

Q3 2021

Shares 16,108 Value ($000) $1,811 Avg Close $99.29 Range $94.17 - $104.68

Q2 2021

Shares 13,987 Value ($000) $1,501 Avg Close $88.28 Range $81.10 - $95.27

Q1 2021

Shares 9,558 Value ($000) $937 Avg Close $80.38 Range $74.08 - $88.33

Q4 2020

Shares 10,778 Value ($000) $1,004 Avg Close $76.93 Range $67.23 - $86.80

Q3 2020

Shares 9,332 Value ($000) $744 Avg Close $64.54 Range $59.78 - $69.40

Q2 2020

Shares 6,740 Value ($000) $511 Avg Close $58.96 Range $49.78 - $68.91

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	53,535	$6,006	$116.54	$108.00 - $128.00
Q3 2025	58,834	$7,458	$137.17	$117.88 - $146.69
Q2 2025	62,104	$8,939	$147.52	$131.76 - $158.49
Q1 2025	56,896	$8,796	$143.17	$130.91 - $154.56
Q4 2024	49,579	$6,952	$137.31	$127.32 - $146.13
Q3 2024	49,406	$6,067	$121.91	$110.27 - $132.34
Q2 2024	51,954	$6,160	$116.34	$108.73 - $122.07
Q1 2024	49,406	$6,067	$114.65	$109.88 - $118.72
Q4 2023	46,088	$5,490	$111.08	$99.22 - $122.00
Q3 2023	44,710	$5,156	$112.19	$102.46 - $120.23
Q2 2023	41,205	$4,610	$101.03	$96.32 - $106.39
Q1 2023	30,918	$3,543	$104.30	$97.60 - $110.45
Q4 2022	26,209	$3,029	$106.57	$95.82 - $116.78
Q3 2022	26,358	$2,958	$112.11	$100.21 - $126.48
Q2 2022	29,021	$3,305	$112.87	$99.58 - $127.09
Q1 2022	25,111	$3,427	$109.73	$98.39 - $125.97
Q4 2021	18,639	$2,544	$109.87	$98.59 - $123.71
Q3 2021	16,108	$1,811	$99.29	$94.17 - $104.68
Q2 2021	13,987	$1,501	$88.28	$81.10 - $95.27
Q1 2021	9,558	$937	$80.38	$74.08 - $88.33
Q4 2020	10,778	$1,004	$76.93	$67.23 - $86.80
Q3 2020	9,332	$744	$64.54	$59.78 - $69.40
Q2 2020	6,740	$511	$58.96	$49.78 - $68.91