STOCK TITAN

ADP (ADP) Executive VP Brian Michaud sells 1,000 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Automatic Data Processing executive Brian L. Michaud, an Executive VP, reported a pre‑planned sale of common stock. On February 6, 2026, he sold 1,000 shares of ADP common stock in an open market transaction at $234.18 per share.

The filing states this trade was executed under a Rule 10b5‑1 trading plan adopted in September 2025, indicating it was scheduled in advance. After the transaction, Michaud beneficially owned 15,310.3519 shares of ADP common stock, held directly.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Michaud Brian L.

(Last) (First) (Middle)
ONE ADP BOULEVARD

(Street)
ROSELAND NJ 07068

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AUTOMATIC DATA PROCESSING INC [ ADP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive VP
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/06/2026 S 1,000(1) D $234.18 15,310.3519 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025.
David Kwon (POA on File) 02/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ADP Executive VP Brian L. Michaud report?

Brian L. Michaud reported selling 1,000 shares of Automatic Data Processing common stock. The sale occurred on February 6, 2026 at a price of $234.18 per share under a pre‑arranged Rule 10b5‑1 trading plan adopted in September 2025.

At what price were the ADP shares sold in Brian Michaud's Form 4 filing?

The reported ADP shares were sold at $234.18 per share. This price applies to the 1,000 common shares sold on February 6, 2026, as disclosed in the Form 4 insider trading report filed for Executive VP Brian L. Michaud.

How many ADP shares does Brian Michaud own after the reported sale?

After the reported transaction, Brian L. Michaud beneficially owned 15,310.3519 ADP common shares. The Form 4 indicates these shares are held directly, reflecting his remaining position following the sale of 1,000 shares on February 6, 2026.

Was Brian Michaud's ADP stock sale part of a Rule 10b5-1 trading plan?

Yes, the Form 4 states the sale was executed under a Rule 10b5‑1 trading plan. The plan was adopted by Brian L. Michaud in September 2025, meaning the February 6, 2026 trade was pre‑scheduled rather than an ad hoc market decision.

What role does Brian L. Michaud hold at Automatic Data Processing (ADP)?

Brian L. Michaud is disclosed as an Executive Vice President of Automatic Data Processing. His status as an officer makes him a Section 16 insider, requiring public reporting of transactions like the 1,000-share sale detailed in the February 6, 2026 Form 4.

Automatic Data Processing Inc

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85.40B
402.00M
0.14%
85.32%
1.57%
Software - Application
Services-computer Processing & Data Preparation
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United States
ROSELAND