David Kwon - 03 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
03 Jan 2025
Net transactions value
-$382,127
Form type
4
Filing time
07 Jan 2025, 16:23:17 UTC
Previous filing
06 Jan 2025
Next filing
07 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $164,235 +967 +10% $169.84 10,336 03 Jan 2025 Direct F1
transaction ADP Common Stock Sale $295,382 -1,016 -9.8% $290.73 9,320 03 Jan 2025 Direct F1
transaction ADP Common Stock Sale $86,745 -300 -3.2% $289.15 9,020 06 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 $164,235 -967 -50% $169.84 967 03 Jan 2025 Common Stock 967 $169.84 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.