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Paychex, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Paychex, Inc.’s Form 8-K, filed 2025-10-14 (Item 5.07 on EDGAR). Page generated 04 October 2026.

  • 17Reported items
  • 1,169Asset managers
  • 11,373Fund votes
  • 2025-10-09Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Paychex, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Paychex, Inc.

These tallies are Paychex, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-10-14 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Paychex, Inc. — official shareholder meeting results, meeting held 2025-10-09
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Martin Mucci 274,003,03412,387,949254,109 --36,271,182 Majority: yes
Elect Director: Thomas F. Bonadio 281,982,9674,329,866332,259 --36,271,182 Majority: yes
Elect Director: Joseph G. Doody 268,973,83317,377,558293,701 --36,271,182 Majority: yes
Elect Director: John B. Gibson 281,686,7974,598,590359,705 --36,271,182 Majority: yes
Elect Director: Pamela A. Joseph 265,750,75620,619,457274,879 --36,271,182 Majority: yes
Elect Director: Theresa M. Payton 282,748,2903,593,628303,174 --36,271,182 Majority: yes
Elect Director: Kevin A. Price 277,432,0378,719,297493,758 --36,271,182 Majority: yes
Elect Director: Joseph M. Tucci 269,884,38316,465,489295,220 --36,271,182 Majority: yes
Elect Director: Joseph M. Velli 275,480,47410,827,791336,827 --36,271,182 Majority: yes
Elect Director: Kara Wilson 282,675,5673,621,081348,444 --36,271,182 Majority: yes
Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company's named executive officers was approved, with votes as follows: 275,491,81310,038,2361,115,043 --36,271,182 Passed
Proposal 3: Ratification of Selection of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm The selection of PricewaterhouseCoopers LLP as the Company's independent registered accounting firm for fiscal year 2026 was rati 318,217,0784,314,110385,086 ---- Passed

Source: Paychex, Inc., Form 8-K, filed with the SEC on 2025-10-14 — read the filing on EDGAR.

How asset managers voted at the Paychex, Inc. 2025-2026 meeting

Each item below shows how the 1,169 asset managers that disclosed a Paychex, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Paychex, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.

SECTION 14A SAY-ON-PAY VOTESCompany result: Passed

Meeting held 2025-10-09.

Combines 26 wordings of this item as funds reported it.

96% Passed · of votes cast

FOR 96%
FOR: 275,491,813AGAINST: 10,038,236

Paychex, Inc.’s own tally for this item (“Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company's named executive officers was approved, with votes as follows:”): 275,491,813 for, 10,038,236 against — passed, per its Form 8-K filed 2025-10-14 (Item 5.07). Of all 359,900,000 outstanding shares: 77% for, 3% against (79% of the company cast a for/against vote).

The 1,140 asset managers below cast 98% of the shares they voted on this item FOR (250,567,115 for, 5,704,457 against).

FOR 98%
FOR: 250,567,115 (97.6%)AGAINST: 5,704,457 (2.2%)ABSTAIN: 392,998 (0.2%)NOT VOTED: 67,427 (0.0%)
Largest asset managers voting on “ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group44,621,7860 00For
Vanguard32,322,11720 20For
Charles Schwab22,028,0230 00For
BlackRock21,877,1592,028 00For
Fidelity10,662,2230 00For
GEODE CAPITAL MANAGEMENT, LLC10,123,2480 00For
State Street8,213,6070 25,0340For
Invesco8,024,8220 00For
WELLS FARGO CLEARING SERVICES, LLC6,043,4410 00For
Northern Trust4,075,5390 00For
Select Equity Group, L.P.3,857,2190 00For
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC2,605,7900 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
Bahl & Gaynor LLC2,150,4490 00For
Walter Scott & Partners Ltd2,066,4310 00For
Neuberger Berman1,902,7830 00For
First Trust1,772,3860 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC1,751,8100 00For
Goldman Sachs1,656,4080 00For
T. Rowe Price1,592,5210 00For
ENVESTNET ASSET MANAGEMENT INC1,586,1930 00For
Legal & General Investment Management Ltd1,545,58519,831 00For
Capital Research Global Investors1,522,3590 00For
LONDON CO OF VIRGINIA1,517,9140 00For
UBS1,485,8090 00For

Showing the 25 largest of 1,140 asset managers. See all 1,140 in the interactive database.

2. Election of Directors: Theresa M. Payton

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 282,748,290AGAINST: 3,593,628

Paychex, Inc.’s own tally for this item (“Elect Director: Theresa M. Payton”): 282,748,290 for, 3,593,628 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 79% for, 1.0% against (80% of the company cast a for/against vote).

The 173 asset managers below cast 99.9% of the shares they voted on this item FOR (104,514,819 for, 91 against).

FOR 99.9%
FOR: 104,514,819 (100.0%)AGAINST: 91 (0.0%)ABSTAIN: 13,188 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: Theresa M. Payton” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,058,6258 00For
Capital Group21,551,4380 00For
BlackRock11,396,1980 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,1390 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X228,0540 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 173 asset managers. See all 173 in the interactive database.

3. Election of Directors: Martin Mucci

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 274,003,034AGAINST: 12,387,949

Paychex, Inc.’s own tally for this item (“Elect Director: Martin Mucci”): 274,003,034 for, 12,387,949 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 76% for, 3% against (80% of the company cast a for/against vote).

The 172 asset managers below cast 99.6% of the shares they voted on this item FOR (104,164,548 for, 349,767 against).

FOR 99.6%
FOR: 104,164,548 (99.7%)AGAINST: 349,767 (0.3%)ABSTAIN: 13,187 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: Martin Mucci” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,043,91714,715 00For
Capital Group21,551,4380 00For
BlackRock11,396,1980 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,08356 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable247,5968,500 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X197,51530,539 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

4. Election of Directors: Thomas F. Bonadio

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 281,982,967AGAINST: 4,329,866

Paychex, Inc.’s own tally for this item (“Elect Director: Thomas F. Bonadio”): 281,982,967 for, 4,329,866 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 78% for, 1% against (80% of the company cast a for/against vote).

The 172 asset managers below cast 99.9% of the shares they voted on this item FOR (104,513,131 for, 1,181 against).

FOR 99.9%
FOR: 104,513,131 (100.0%)AGAINST: 1,181 (0.0%)ABSTAIN: 13,189 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: Thomas F. Bonadio” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,058,6239 00For
Capital Group21,551,4380 00For
BlackRock11,396,1980 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,1390 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X228,0540 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

5. Election of Directors: Joseph G. Doody

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 6 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 268,973,833AGAINST: 17,377,558

Paychex, Inc.’s own tally for this item (“Elect Director: Joseph G. Doody”): 268,973,833 for, 17,377,558 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 75% for, 5% against (80% of the company cast a for/against vote).

The 172 asset managers below cast 99.6% of the shares they voted on this item FOR (104,114,456 for, 399,858 against).

FOR 99.6%
FOR: 104,114,456 (99.6%)AGAINST: 399,858 (0.4%)ABSTAIN: 13,188 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: Joseph G. Doody” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,043,90814,725 00For
Capital Group21,551,4380 00For
BlackRock11,394,1912,007 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,08356 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon203,76953,400 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X205,12022,934 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

6. Election of Directors: John B. Gibson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 281,686,797AGAINST: 4,598,590

Paychex, Inc.’s own tally for this item (“Elect Director: John B. Gibson”): 281,686,797 for, 4,598,590 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 78% for, 1% against (80% of the company cast a for/against vote).

The 172 asset managers below cast 99.9% of the shares they voted on this item FOR (104,482,170 for, 32,142 against).

FOR 99.9%
FOR: 104,482,170 (100.0%)AGAINST: 32,142 (0.0%)ABSTAIN: 13,189 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: John B. Gibson” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,058,62310 00For
Capital Group21,551,4380 00For
BlackRock11,396,1980 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,08356 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X228,0540 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

7. Election of Directors: Pamela A. Joseph

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 6 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%
FOR: 265,750,756AGAINST: 20,619,457

Paychex, Inc.’s own tally for this item (“Elect Director: Pamela A. Joseph”): 265,750,756 for, 20,619,457 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 74% for, 6% against (80% of the company cast a for/against vote).

The 172 asset managers below cast 99% of the shares they voted on this item FOR (103,234,842 for, 1,279,471 against).

FOR 99%
FOR: 103,234,842 (98.8%)AGAINST: 1,279,471 (1.2%)ABSTAIN: 13,187 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: Pamela A. Joseph” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,043,90214,730 00For
Capital Group21,551,4380 00For
BlackRock11,392,4113,787 00For
Charles Schwab10,992,076591 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,1390 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES0428,109 00Against
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X0228,054 00Against
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

8. Election of Directors: Kevin A. Price

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 277,432,037AGAINST: 8,719,297

Paychex, Inc.’s own tally for this item (“Elect Director: Kevin A. Price”): 277,432,037 for, 8,719,297 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 77% for, 2% against (80% of the company cast a for/against vote).

The 172 asset managers below cast 99.7% of the shares they voted on this item FOR (104,201,875 for, 312,434 against).

FOR 99.6%
FOR: 104,201,875 (99.7%)AGAINST: 312,434 (0.3%)ABSTAIN: 13,194 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: Kevin A. Price” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,043,92714,705 20For
Capital Group21,551,4380 00For
BlackRock11,394,1912,007 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,1390 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X205,12022,934 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

9. Election of Directors: Joseph M. Tucci

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 6 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 269,884,383AGAINST: 16,465,489

Paychex, Inc.’s own tally for this item (“Elect Director: Joseph M. Tucci”): 269,884,383 for, 16,465,489 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 75% for, 5% against (80% of the company cast a for/against vote).

The 172 asset managers below cast 99.6% of the shares they voted on this item FOR (104,167,880 for, 346,435 against).

FOR 99.6%
FOR: 104,167,880 (99.7%)AGAINST: 346,435 (0.3%)ABSTAIN: 13,188 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: Joseph M. Tucci” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,043,91014,723 00For
Capital Group21,551,4380 00For
BlackRock11,394,1912,007 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,08356 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X205,12022,934 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

10. Election of Directors: Joseph M. Velli

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 275,480,474AGAINST: 10,827,791

Paychex, Inc.’s own tally for this item (“Elect Director: Joseph M. Velli”): 275,480,474 for, 10,827,791 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 77% for, 3% against (80% of the company cast a for/against vote).

The 172 asset managers below cast 99.9% of the shares they voted on this item FOR (104,468,041 for, 46,270 against).

FOR 99.9%
FOR: 104,468,041 (99.9%)AGAINST: 46,270 (0.0%)ABSTAIN: 13,189 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: Joseph M. Velli” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,058,60922 00For
Capital Group21,551,4380 00For
BlackRock11,396,1980 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,08356 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X228,0540 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

11. Election of Directors: Kara Wilson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-10-09.

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 282,675,567AGAINST: 3,621,081

Paychex, Inc.’s own tally for this item (“Elect Director: Kara Wilson”): 282,675,567 for, 3,621,081 against, per its Form 8-K filed 2025-10-14 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 79% for, 1% against (80% of the company cast a for/against vote).

The 172 asset managers below cast 99.9% of the shares they voted on this item FOR (104,514,221 for, 92 against).

FOR 99.9%
FOR: 104,514,221 (100.0%)AGAINST: 92 (0.0%)ABSTAIN: 13,189 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “Election of Directors: Kara Wilson” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,058,6258 00For
Capital Group21,551,4380 00For
BlackRock11,396,1980 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,1390 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X228,0540 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.

12. RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP TO SERVE AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.

AUDIT-RELATEDCompany result: Passed

Meeting held 2025-10-09.

Combines 5 wordings of this item as funds reported it.

99% Passed · of votes cast

FOR 99%
FOR: 318,217,078AGAINST: 4,314,110

Paychex, Inc.’s own tally for this item (“Proposal 3: Ratification of Selection of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm The selection of PricewaterhouseCoopers LLP as the Company's independent registered accou”): 318,217,078 for, 4,314,110 against — passed, per its Form 8-K filed 2025-10-14 (Item 5.07). Of all 359,900,000 outstanding shares: 88% for, 1% against (90% of the company cast a for/against vote).

The 171 asset managers below cast 99.9% of the shares they voted on this item FOR (104,274,428 for, 65,006 against).

FOR 99.9%
FOR: 104,274,428 (99.9%)AGAINST: 65,006 (0.1%)ABSTAIN: 13,187 (0.0%)NOT VOTED: 254 (0.0%)
Largest asset managers voting on “RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP TO SERVE AS THE INDEPENDENT REGISTERED PUBLIC ACCO” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard29,058,6238 00For
Capital Group21,551,4380 00For
BlackRock11,396,1980 00For
Charles Schwab10,992,6670 00For
Fidelity8,943,6640 00For
Invesco3,527,8370 00For
State Street2,735,08356 00For
INVESTMENT CO OF AMERICA2,462,9780 00For
First Trust1,744,8260 00For
Dimensional894,2620 00For
TIAA851,6200 00For
Neuberger Berman734,0730 00For
ProShares548,6570 00For
FRANKLIN STRATEGIC SERIES428,1090 00For
MASTER INVESTMENT PORTFOLIO399,2080 00For
Jackson National372,1320 00For
T. Rowe Price363,0700 00For
Goldman Sachs284,2280 00For
JPMorgan267,1680 00For
BNY Mellon257,1690 00For
Equitable256,0960 00For
Victory Capital253,4100 00For
Pacer Funds Trust238,2230 00For
Global X228,0540 00For
FENIMORE ASSET MANAGEMENT TRUST226,3400 00For

Showing the 25 largest of 171 asset managers. See all 171 in the interactive database.

13. Ratify Appointment of Independent Auditors

AUDIT-RELATEDCompany result: Passed

Meeting held 2025-10-09.

99% Passed · of votes cast

FOR 99%
FOR: 318,217,078AGAINST: 4,314,110

Paychex, Inc.’s own tally for this item (“Proposal 3: Ratification of Selection of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm The selection of PricewaterhouseCoopers LLP as the Company's independent registered accou”): 318,217,078 for, 4,314,110 against — passed, per its Form 8-K filed 2025-10-14 (Item 5.07). Of all 359,900,000 outstanding shares: 88% for, 1% against (90% of the company cast a for/against vote).

The 6 asset managers below cast 100% of the shares they voted on this item FOR (626,161 for, 0 against).

FOR 100%
FOR: 626,161 (100.0%)
Largest asset managers voting on “Ratify Appointment of Independent Auditors” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
ADVISORS' INNER CIRCLE FUND449,2380 00For
Cardano Risk Management B.V.174,7910 00For
ESL Trust Services, LLC1,6500 00For
Williamson Legacy Group, LLC3840 00For
Northern Lights Fund Trust IV770 00For
PACE SELECT ADVISORS TRUST210 00For

14. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.

SECTION 14A SAY-ON-PAY VOTESCompany result: Passed

Meeting held 2024-10-10 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

95% Passed · of votes cast

FOR 95%
FOR: 275,855,902AGAINST: 13,360,555

Paychex, Inc.’s own tally for this item (“Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company's named executive officers was approved, with votes as follows:”): 275,855,902 for, 13,360,555 against — passed, per its Form 8-K (Item 5.07). Of all 359,900,000 outstanding shares: 77% for, 4% against (80% of the company cast a for/against vote).

The 6 asset managers below cast 73% of the shares they voted on this item FOR (99,898 for, 37,191 against).

FOR 73%AGAINST 27%
FOR: 99,898 (72.9%)AGAINST: 37,191 (27.1%)
Largest asset managers voting on “ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
GLENMEDE FUND INC58,7480 00For
PENSIOENFONDS RAIL & OV037,191 00Against
Investment Management Corp of Ontario34,9630 00For
NORRIS PERNE & FRENCH LLP/MI5,4550 00For
Philip James Wealth Mangement, LLC4000 00For
OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC3320 00For

15. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-10-09.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%
Largest asset managers voting on “Election of Directors (Majority Voting)” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
ADVISORS' INNER CIRCLE FUND449,2380 00For
ESL Trust Services, LLC1,6500 00For
Williamson Legacy Group, LLC3840 00For

16. COMPENSATION

SECTION 14A SAY-ON-PAY VOTESCompany result: Passed

Meeting held 2025-10-09.

96% Passed · of votes cast

FOR 96%
FOR: 275,491,813AGAINST: 10,038,236

Paychex, Inc.’s own tally for this item (“Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company's named executive officers was approved, with votes as follows:”): 275,491,813 for, 10,038,236 against — passed, per its Form 8-K filed 2025-10-14 (Item 5.07). Of all 359,900,000 outstanding shares: 77% for, 3% against (79% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,183 for, 0 against).

FOR 100%
FOR: 1,183 (100.0%)
Largest asset managers voting on “COMPENSATION” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Members Trust Co9830 00For
Capital Group2000 00For

17. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-10-09.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (1,023 for, 0 against).

FOR: 1,023 (100.0%)
Largest asset managers voting on “Director Elections” at Paychex, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Members Trust Co9830 00For
Ballew Advisors, Inc400 00For

Largest Paychex, Inc. shareholders voting in 2025-2026

Ranked by the number of Paychex, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 359,900,000 shares outstanding at the time of that meeting.

Top Paychex, Inc. shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1Capital Group 12.40%
2Vanguard 8.98%
3Charles Schwab 6.12%
4BlackRock 6.08%
5Fidelity 2.96%
6GEODE CAPITAL MANAGEMENT, LLC 2.81%
7State Street 2.29%
8Invesco 2.23%
9WELLS FARGO CLEARING SERVICES, LLC 1.68%
10Northern Trust 1.13%

Reported Paychex, Inc. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

Paychex, Inc. beneficial owners on record for the 2025-2026 proxy season
Holder % outstanding Disclosure
Vanguard Group 11.77% 13F
Capital International Investors 8.54% 13G
BlackRock 7.90% 13F
State Street 3.90% 13F
Charles Schwab 2.60% 13F
Invesco 1.46% 13F
Morgan Stanley 1.35% 13F
Northern Trust 1.11% 13F
Goldman Sachs 1.10% 13F

Percentages above are of 359,900,000 shares outstanding, as reported by Paychex, Inc. on its Form 10-Q dated 2024-08-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Paychex, Inc.’s 10-Q dated 2024-08-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At Paychex, Inc.'s shareholder meeting held 2025-10-09, in the 2025-2026 proxy season, 1,169 asset managers reported how they voted in their SEC Form N-PX filings, covering 11,373 separate fund positions. Their filings are grouped here into 17 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION. — the proposal passed with 96% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: Paychex, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2025-10-14.

Paychex, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).