Michael A. Bonarti - Feb 3, 2025 Form 4 Insider Report for AUTOMATIC DATA PROCESSING INC (ADP)

Signature
David Kwon (POA on File)
Stock symbol
ADP
Transactions as of
Feb 3, 2025
Transactions value $
-$9,138,732
Form type
4
Date filed
2/4/2025, 04:33 PM
Previous filing
Dec 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $4.23M +20.4K +25.46% $206.86 101K Feb 3, 2025 Direct F1
transaction ADP Common Stock Options Exercise $1.34M +9.7K +9.63% $138.53 110K Feb 3, 2025 Direct F1
transaction ADP Common Stock Sale -$9.14M -30.1K -27.29% $303.30 80.3K Feb 3, 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 -$1.34M -9.7K -100% $138.53 0 Feb 3, 2025 Common Stock 9.7K $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$4.23M -20.4K -75% $206.86 6.81K Feb 3, 2025 Common Stock 20.4K $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.