David Foskett - 06 Jan 2025 Form 4 Insider Report for AUTOMATIC DATA PROCESSING INC (ADP)

Role
Corp. VP
Signature
David Kwon (POA on File)
Issuer symbol
ADP
Transactions as of
06 Jan 2025
Net transactions value
-$290,443
Form type
4
Filing time
07 Jan 2025, 16:23:20 UTC
Previous filing
02 Jan 2025
Next filing
14 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $191,864 +1,385 +25% $138.53 6,962 06 Jan 2025 Direct F1
transaction ADP Common Stock Sale $290,443 -1,004 -14% $289.29 5,958 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 $191,864 -1,385 -100% $138.53 0 06 Jan 2025 Common Stock 1,385 $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.