Virginia Magliulo - 13 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
13 Jan 2025
Net transactions value
-$1,021,519
Form type
4
Filing time
15 Jan 2025, 17:06:12 UTC
Previous filing
08 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 $352,076 +1,702 +15% $206.86 12,719 13 Jan 2025 Direct F1
transaction ADP Common Stock Sale $1,021,519 -3,578 -28% $285.50 9,141 13 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 $352,076 -1,702 -67% $206.86 852 13 Jan 2025 Common Stock 1,702 $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 2024.