ADP executive sells 806 shares under 10b5-1 plan
Automatic Data Processing (ADP) reported an insider stock sale by corporate vice president David Kwon.
Rhea-AI Filing Summary
Automatic Data Processing (ADP) reported an insider stock sale by corporate vice president David Kwon. On January 12, 2026, Kwon sold 806 shares of ADP common stock at a price of $264.8 per share. After this transaction, he beneficially owned 11,186.553 shares of ADP common stock in direct form.
The filing notes that this sale was carried out under a pre-established Rule 10b5-1 trading plan adopted by the reporting person in September 2025, which is designed to allow insiders to sell shares according to a preset schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 806 | $264.80 | $213K |
Footnotes (1)
- 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 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ADP (ADP) report in this Form 4?
The filing reports that corporate vice president David Kwon sold 806 shares of Automatic Data Processing common stock on January 12, 2026.
What is David Kwon’s role at Automatic Data Processing (ADP)?
David Kwon is reported as an officer of ADP with the title Corp VP.
Was the ADP insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing explains that the transactions were made under a Rule 10b5-1 trading plan adopted by the reporting person in September 2025.
Does this ADP Form 4 report any derivative securities transactions?
No derivative securities entries are reported in the provided portion of the Form 4; the detailed transaction disclosed is a sale of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.