PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

F/M Investments LLC's Holding History (CIK: 0001834499)

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

Q4 2025

Shares 2,002 Value ($000) $225 Avg Close $116.54 Range $108.00 - $128.00

Q2 2025

Shares 1,562 Value ($000) $227 Avg Close $147.52 Range $131.76 - $158.49

Q1 2025

Shares 2,421 Value ($000) $374 Avg Close $143.17 Range $130.91 - $154.56

Q4 2024

Shares 2,185 Value ($000) $306 Avg Close $137.31 Range $127.32 - $146.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,002	$225	$116.54	$108.00 - $128.00
Q2 2025	1,562	$227	$147.52	$131.76 - $158.49
Q1 2025	2,421	$374	$143.17	$130.91 - $154.56
Q4 2024	2,185	$306	$137.31	$127.32 - $146.13