Carlos A. Rodriguez - 10 Sep 2024 Form 4 Insider Report for AUTOMATIC DATA PROCESSING INC (ADP)

Role
Director
Signature
David Kwon (POA on File)
Issuer symbol
ADP
Transactions as of
10 Sep 2024
Net transactions value
-$16,265,899
Form type
4
Filing time
12 Sep 2024, 16:19:35 UTC
Previous filing
09 Sep 2024
Next filing
13 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $4,077,215 +29,432 +80% $138.53 66,173 10 Sep 2024 Direct F1
transaction ADP Common Stock Sale $1,767,853 -6,334 -9.6% $279.11 59,839 10 Sep 2024 Direct F1
transaction ADP Common Stock Sale $1,917,731 -6,940 -12% $276.33 52,899 10 Sep 2024 Direct F1
transaction ADP Common Stock Sale $2,054,058 -7,382 -14% $278.25 45,517 10 Sep 2024 Direct F1
transaction ADP Common Stock Sale $2,433,251 -8,776 -19% $277.26 36,741 10 Sep 2024 Direct F1
transaction ADP Common Stock Options Exercise $4,077,353 +29,433 +80% $138.53 66,174 11 Sep 2024 Direct F1
transaction ADP Common Stock Sale $529,089 -1,942 -2.9% $272.45 64,232 11 Sep 2024 Direct F1
transaction ADP Common Stock Sale $762,193 -2,787 -4.3% $273.48 61,445 11 Sep 2024 Direct F1
transaction ADP Common Stock Sale $1,049,286 -3,867 -6.3% $271.34 57,578 11 Sep 2024 Direct F1
transaction ADP Common Stock Sale $1,108,075 -3,994 -6.9% $277.43 53,584 11 Sep 2024 Direct F1
transaction ADP Common Stock Sale $1,189,160 -4,332 -8.1% $274.51 49,252 11 Sep 2024 Direct F1
transaction ADP Common Stock Sale $1,504,023 -5,460 -11% $275.46 43,792 11 Sep 2024 Direct F1
transaction ADP Common Stock Sale $1,951,180 -7,051 -16% $276.72 36,741 11 Sep 2024 Direct F1
holding ADP Common Stock 13,813 10 Sep 2024 By Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADP Stock Option (Right to Buy) Options Exercise $4,077,215 -29,432 -50% $138.53 29,433 10 Sep 2024 Common Stock 29,432 $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $4,077,353 -29,433 -100% $138.53 0 11 Sep 2024 Common Stock 29,433 $138.53 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2023.