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Compiled from SEC Form N-PX filings and Paychex, Inc.’s Form 8-K, filed October 14, 2025 (Item 5.07 on EDGAR). Page generated October 13, 2026.
Meeting of October 9, 2025: 12 items on Paychex, Inc.’s Form 8-K, filed October 14, 2025: 10 elected · 2 approved.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided · This season’s results screens
Explore Paychex, Inc. in the interactive database Compare manager voting policies
These tallies are Paychex, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed October 14, 2025 (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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Martin Mucci | 274,003,034 | 12,387,949 | 254,109 | -- | 36,271,182 | 96% | Elected | — |
| Elect Director: Thomas F. Bonadio | 281,982,967 | 4,329,866 | 332,259 | -- | 36,271,182 | 98% | Elected | — |
| Elect Director: Joseph G. Doody | 268,973,833 | 17,377,558 | 293,701 | -- | 36,271,182 | 94% | Elected | — |
| Elect Director: John B. Gibson | 281,686,797 | 4,598,590 | 359,705 | -- | 36,271,182 | 98% | Elected | — |
| Elect Director: Pamela A. Joseph | 265,750,756 | 20,619,457 | 274,879 | -- | 36,271,182 | 93% | Elected | — |
| Elect Director: Theresa M. Payton | 282,748,290 | 3,593,628 | 303,174 | -- | 36,271,182 | 99% | Elected | — |
| Elect Director: Kevin A. Price | 277,432,037 | 8,719,297 | 493,758 | -- | 36,271,182 | 97% | Elected | — |
| Elect Director: Joseph M. Tucci | 269,884,383 | 16,465,489 | 295,220 | -- | 36,271,182 | 94% | Elected | — |
| Elect Director: Joseph M. Velli | 275,480,474 | 10,827,791 | 336,827 | -- | 36,271,182 | 96% | Elected | — |
| Elect Director: Kara Wilson | 282,675,567 | 3,621,081 | 348,444 | -- | 36,271,182 | 99% | Elected | — |
| 2. Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company's named executive officers | 275,491,813 | 10,038,236 | 1,115,043 | -- | 36,271,182 | 96% | Approved | — |
| 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 | 318,217,078 | 4,314,110 | 385,086 | -- | -- | 99% | Approved | — |
Source: Paychex, Inc., Form 8-K, filed with the SEC on October 14, 2025 — read the filing on EDGAR.
Each item below shows how the 1,155 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.
Combines 6 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Theresa M. Payton
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 173 asset managers below reported 104,514,819 for, 91 against, 13,188 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,058,625 | 8 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,396,198 | 0 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,139 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 228,054 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 173 asset managers. See all 173 in the interactive database.
Combines 5 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Martin Mucci
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 172 asset managers below reported 104,164,548 for, 349,767 against, 13,187 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,043,917 | 14,715 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,396,198 | 0 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,083 | 56 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 247,596 | 8,500 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 197,515 | 30,539 | 0 | 0 | Mixed |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.
Combines 6 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Thomas F. Bonadio
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 172 asset managers below reported 104,513,131 for, 1,181 against, 13,189 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,058,623 | 9 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,396,198 | 0 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,139 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 228,054 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.
Combines 6 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Joseph G. Doody
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 172 asset managers below reported 104,114,456 for, 399,858 against, 13,188 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,043,908 | 14,725 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,394,191 | 2,007 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,083 | 56 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 203,769 | 53,400 | 0 | 0 | Mixed |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 205,120 | 22,934 | 0 | 0 | Mixed |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.
Combines 6 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: John B. Gibson
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 172 asset managers below reported 104,482,170 for, 32,142 against, 13,189 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,058,623 | 10 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,396,198 | 0 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,083 | 56 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 228,054 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.
Combines 6 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Pamela A. Joseph
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 172 asset managers below reported 103,234,842 for, 1,279,471 against, 13,187 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,043,902 | 14,730 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,392,411 | 3,787 | 0 | 0 | For |
| Charles Schwab | 10,992,076 | 591 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,139 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 0 | 428,109 | 0 | 0 | Against |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 0 | 228,054 | 0 | 0 | Against |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.
Combines 6 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Kevin A. Price
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 172 asset managers below reported 104,201,875 for, 312,434 against, 13,194 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,043,927 | 14,705 | 2 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,394,191 | 2,007 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,139 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 205,120 | 22,934 | 0 | 0 | Mixed |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.
Combines 6 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Joseph M. Tucci
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 172 asset managers below reported 104,167,880 for, 346,435 against, 13,188 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,043,910 | 14,723 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,394,191 | 2,007 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,083 | 56 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 205,120 | 22,934 | 0 | 0 | Mixed |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.
Combines 6 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Joseph M. Velli
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 172 asset managers below reported 104,468,041 for, 46,270 against, 13,189 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,058,609 | 22 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,396,198 | 0 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,083 | 56 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 228,054 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Kara Wilson
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 October 14, 2025 (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.
Reported outcome: Elected, in the filing’s own words: “Results of stockholder voting are as follows: Proposal 1: Election of Directors Each of the 10 nominees for director was duly elected, with votes as follows:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 172 asset managers below reported 104,514,221 for, 92 against, 13,189 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,058,625 | 8 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,396,198 | 0 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,139 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 228,054 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 172 asset managers. See all 172 in the interactive database.
Combines 26 wordings of this item as funds reported it.
96% Approved · of votes cast
Description as filed by funds: ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.
Paychex, Inc.’s own tally for this item (“2. Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company's named executive officers”): 275,491,813 for, 10,038,236 against — passed, per its Form 8-K filed October 14, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “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:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of Paychex, Inc.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “COMPENSATION” (2 managers, 1,183 for).
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,058,611 | 20 | 2 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,396,198 | 0 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,139 | 0 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| ADVISORS' INNER CIRCLE FUND | 449,238 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 247,596 | 8,500 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 228,054 | 0 | 0 | 0 | For |
Fund voting reports, all 165 managers: 104,747,806 for, 189,917 against, 13,209 abstained, 254 not voted. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 23,070,348 | 0 | 0 | 0 | For |
| Charles Schwab | 11,035,356 | 0 | 0 | 0 | For |
| BlackRock | 10,480,961 | 2,028 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 10,123,248 | 0 | 0 | 0 | For |
| WELLS FARGO CLEARING SERVICES, LLC | 6,043,441 | 0 | 0 | 0 | For |
| State Street | 5,478,468 | 0 | 25,034 | 0 | For |
| Invesco | 4,496,985 | 0 | 0 | 0 | For |
| Northern Trust | 3,868,652 | 0 | 0 | 0 | For |
| Select Equity Group, L.P. | 3,857,219 | 0 | 0 | 0 | For |
| Vanguard | 3,263,506 | 0 | 0 | 0 | For |
| WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC | 2,605,790 | 0 | 0 | 0 | For |
| Bahl & Gaynor LLC | 2,150,449 | 0 | 0 | 0 | For |
| Walter Scott & Partners Ltd | 2,066,431 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 1,751,810 | 0 | 0 | 0 | For |
| Fidelity | 1,718,559 | 0 | 0 | 0 | For |
| ENVESTNET ASSET MANAGEMENT INC | 1,586,193 | 0 | 0 | 0 | For |
| Legal & General Investment Management Ltd | 1,545,585 | 19,831 | 0 | 0 | For |
| Capital Research Global Investors | 1,522,359 | 0 | 0 | 0 | For |
| LONDON CO OF VIRGINIA | 1,517,914 | 0 | 0 | 0 | For |
| UBS | 1,485,395 | 0 | 0 | 0 | For |
| Epoch Investment Partners, Inc. | 1,423,744 | 0 | 0 | 0 | For |
| Goldman Sachs | 1,372,180 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 1,365,382 | 0 | 0 | 0 | For |
| T. Rowe Price | 1,229,451 | 0 | 0 | 0 | For |
| NORDEA INVESTMENT MANAGEMENT AB | 0 | 1,179,688 | 0 | 0 | Against |
Institutional-manager reports, all 1,006 managers: 145,818,819 for, 5,514,541 against, 379,789 abstained, 67,173 not voted. Showing the 25 largest; see all in the interactive database.
Combines 5 wordings of this item as funds reported it.
99% Approved · of votes cast
Description as filed by funds: RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP TO SERVE AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.
Paychex, Inc.’s own tally for this item (“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 fir”): 318,217,078 for, 4,314,110 against — passed, per its Form 8-K filed October 14, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “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 ratified, with votes as follows:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of Paychex, Inc.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Ratify Appointment of Independent Auditors” (6 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
The 171 asset managers below reported 104,274,428 for, 65,006 against, 13,187 abstained, 254 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 29,058,623 | 8 | 0 | 0 | For |
| Capital Group | 21,551,438 | 0 | 0 | 0 | For |
| BlackRock | 11,396,198 | 0 | 0 | 0 | For |
| Charles Schwab | 10,992,667 | 0 | 0 | 0 | For |
| Fidelity | 8,943,664 | 0 | 0 | 0 | For |
| Invesco | 3,527,837 | 0 | 0 | 0 | For |
| State Street | 2,735,083 | 56 | 0 | 0 | For |
| INVESTMENT CO OF AMERICA | 2,462,978 | 0 | 0 | 0 | For |
| First Trust | 1,744,826 | 0 | 0 | 0 | For |
| Dimensional | 894,262 | 0 | 0 | 0 | For |
| TIAA | 851,620 | 0 | 0 | 0 | For |
| Neuberger Berman | 734,073 | 0 | 0 | 0 | For |
| ProShares | 548,657 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 428,109 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 399,208 | 0 | 0 | 0 | For |
| Jackson National | 372,132 | 0 | 0 | 0 | For |
| T. Rowe Price | 363,070 | 0 | 0 | 0 | For |
| Goldman Sachs | 284,228 | 0 | 0 | 0 | For |
| JPMorgan | 267,168 | 0 | 0 | 0 | For |
| BNY Mellon | 257,169 | 0 | 0 | 0 | For |
| Equitable | 256,096 | 0 | 0 | 0 | For |
| Victory Capital | 253,410 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 238,223 | 0 | 0 | 0 | For |
| Global X | 228,054 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 226,340 | 0 | 0 | 0 | For |
Showing the 25 largest of 171 asset managers. See all 171 in the interactive database.
Not shown here: this season’s fund filings also report 1 item from the meeting of October 10, 2024, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 359,900,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 8.07% |
| 2 | Capital Group | 5.99% |
| 3 | BlackRock | 3.17% |
| 4 | Charles Schwab | 3.05% |
| 5 | Fidelity | 2.49% |
| 6 | Invesco | 0.98% |
| 7 | State Street | 0.76% |
| 8 | INVESTMENT CO OF AMERICA | 0.68% |
| 9 | First Trust | 0.48% |
| 10 | Dimensional | 0.25% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Capital Group | 6.41% |
| 2 | Charles Schwab | 3.07% |
| 3 | BlackRock | 2.91% |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 2.81% |
| 5 | WELLS FARGO CLEARING SERVICES, LLC | 1.68% |
| 6 | State Street | 1.53% |
| 7 | Invesco | 1.25% |
| 8 | Northern Trust | 1.07% |
| 9 | Select Equity Group, L.P. | 1.07% |
| 10 | Vanguard | 0.91% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| 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 August 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), 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 August 31, 2024. This page is a static snapshot rebuilt weekly on October 13, 2026; a live search always shows the current data.
At Paychex, Inc.'s shareholder meeting held October 9, 2025, in the 2025-2026 proxy season, 1,155 asset managers reported how they voted on 12 ballot items in their SEC Form N-PX filings, covering 11,358 separate fund positions. On the most widely held item on that ballot — ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION. — Paychex, Inc.'s filing reports the proposal as approved, 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 October 14, 2025.
Paychex, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
Download data (CSV): ballot items · votes by manager · column guide.