Carlos A. Rodriguez - 12 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
12 Sep 2024
Net transactions value
-$12,171,743
Form type
4
Filing time
16 Sep 2024, 16:12:09 UTC
Previous filing
12 Sep 2024
Next filing
04 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $4,540,370 +21,949 +60% $206.86 58,690 12 Sep 2024 Direct F1
transaction ADP Common Stock Sale $634,106 -2,293 -3.9% $276.54 56,397 12 Sep 2024 Direct F1
transaction ADP Common Stock Sale $823,476 -3,000 -5.3% $274.49 53,397 12 Sep 2024 Direct F1
transaction ADP Common Stock Sale $1,052,732 -3,791 -7.1% $277.69 49,606 12 Sep 2024 Direct F1
transaction ADP Common Stock Sale $1,488,602 -5,402 -11% $275.56 44,204 12 Sep 2024 Direct F1
transaction ADP Common Stock Sale $2,077,645 -7,463 -17% $278.39 36,741 12 Sep 2024 Direct F1
transaction ADP Common Stock Options Exercise $4,540,577 +21,950 +60% $206.86 58,691 13 Sep 2024 Direct F1
transaction ADP Common Stock Sale $636,720 -2,300 -3.9% $276.83 56,391 13 Sep 2024 Direct F1
transaction ADP Common Stock Sale $663,360 -2,383 -4.2% $278.37 54,008 13 Sep 2024 Direct F1
transaction ADP Common Stock Sale $4,795,103 -17,267 -32% $277.70 36,741 13 Sep 2024 Direct F1
holding ADP Common Stock 13,813 12 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 $4,540,370 -21,949 -25% $206.86 65,850 12 Sep 2024 Common Stock 21,949 $206.86 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $4,540,577 -21,950 -33% $206.86 43,900 13 Sep 2024 Common Stock 21,950 $206.86 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.