David Kwon - 02 Jan 2025 Form 4 Insider Report for AUTOMATIC DATA PROCESSING INC (ADP)

Role
Corp VP
Signature
/s/ David Kwon
Issuer symbol
ADP
Transactions as of
02 Jan 2025
Net transactions value
-$571,793
Form type
4
Filing time
06 Jan 2025, 17:00:06 UTC
Previous filing
07 Nov 2024
Next filing
07 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $157,509 +1,137 +11% $138.53 11,315 02 Jan 2025 Direct F1
transaction ADP Common Stock Sale $255,338 -869 -7.7% $293.83 10,446 02 Jan 2025 Direct F1
transaction ADP Common Stock Sale $316,455 -1,077 -10% $293.83 9,369 02 Jan 2025 Direct F1

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 $157,509 -1,137 -25% $138.53 3,411 02 Jan 2025 Common Stock 1,137 $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 2024.