Carlos A. Rodriguez - Sep 12, 2024 Form 4 Insider Report for AUTOMATIC DATA PROCESSING INC (ADP)

Role
Director
Signature
David Kwon (POA on File)
Stock symbol
ADP
Transactions as of
Sep 12, 2024
Transactions value $
-$12,171,743
Form type
4
Date filed
9/16/2024, 04:12 PM
Previous filing
Sep 12, 2024
Next filing
Nov 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $4.54M +21.9K +59.74% $206.86 58.7K Sep 12, 2024 Direct F1
transaction ADP Common Stock Sale -$634K -2.29K -3.91% $276.54 56.4K Sep 12, 2024 Direct F1
transaction ADP Common Stock Sale -$823K -3K -5.32% $274.49 53.4K Sep 12, 2024 Direct F1
transaction ADP Common Stock Sale -$1.05M -3.79K -7.1% $277.69 49.6K Sep 12, 2024 Direct F1
transaction ADP Common Stock Sale -$1.49M -5.4K -10.89% $275.56 44.2K Sep 12, 2024 Direct F1
transaction ADP Common Stock Sale -$2.08M -7.46K -16.88% $278.39 36.7K Sep 12, 2024 Direct F1
transaction ADP Common Stock Options Exercise $4.54M +22K +59.74% $206.86 58.7K Sep 13, 2024 Direct F1
transaction ADP Common Stock Sale -$637K -2.3K -3.92% $276.83 56.4K Sep 13, 2024 Direct F1
transaction ADP Common Stock Sale -$663K -2.38K -4.23% $278.37 54K Sep 13, 2024 Direct F1
transaction ADP Common Stock Sale -$4.8M -17.3K -31.97% $277.70 36.7K Sep 13, 2024 Direct F1
holding ADP Common Stock 13.8K Sep 12, 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 -$4.54M -21.9K -25% $206.86 65.9K Sep 12, 2024 Common Stock 21.9K $206.86 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$4.54M -22K -33.33% $206.86 43.9K Sep 13, 2024 Common Stock 22K $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.