David Kwon - Jan 2, 2025 Form 4 Insider Report for AUTOMATIC DATA PROCESSING INC (ADP)

Role
Corp VP
Signature
/s/ David Kwon
Stock symbol
ADP
Transactions as of
Jan 2, 2025
Transactions value $
-$571,793
Form type
4
Date filed
1/6/2025, 05:00 PM
Previous filing
Nov 7, 2024
Next filing
Jan 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $158K +1.14K +11.17% $138.53 11.3K Jan 2, 2025 Direct F1
transaction ADP Common Stock Sale -$255K -869 -7.68% $293.83 10.4K Jan 2, 2025 Direct F1
transaction ADP Common Stock Sale -$316K -1.08K -10.31% $293.83 9.37K Jan 2, 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 -$158K -1.14K -25% $138.53 3.41K Jan 2, 2025 Common Stock 1.14K $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.