Automatic Data Processing (NASDAQ: ADP) VP exercises options for 250 shares

Rhea-AI Filing Summary

Automatic Data Processing Inc. corporate VP David Kwon exercised stock options covering 250 shares at an exercise price of $138.53 per share, receiving the same number of common shares. After these transactions, he directly owns 9,909.553 common shares and holds 1,137 stock options. All reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted in September 2025.

Insider Trade Summary 10b5-1

Net Buyer: 250 shares

Net Buy 2 txns

Insider Kwon David

Role Corp VP

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	250	$138.53	$35K
Exercise	Common Stock F1	250	$138.53	$35K

Holdings After Transaction: Stock Option (Right to Buy) — 1,137 shares (Direct); Common Stock — 9,909.553 shares (Direct)

Footnotes (1)

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.

Key Figures

Options exercised: 250 shares Exercise price: $138.53 per share Common shares after transaction: 9,909.553 shares +2 more

5 metrics

Options exercised 250 shares Stock Option (Right to Buy) exercised on July 31, 2026

Exercise price $138.53 per share Exercise or conversion of derivative security

Common shares after transaction 9,909.553 shares Direct ADP common stock holdings following the exercise

Options remaining after transaction 1,137 shares Stock Option (Right to Buy) position after exercising 250 underlying shares

Transaction date July 31, 2026 Date of both the option exercise and corresponding common stock acquisition

Key Terms

Rule 10b5-1 trading plan, Stock Option (Right to Buy, Exercise or conversion of derivative security

3 terms

Rule 10b5-1 trading plan regulatory

"transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Stock Option (Right to Buy financial

"security_title: Stock Option (Right to Buy) with 250.0000 shares exercised"

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 04:11 PM Accepted by SEC EDGAR 08/04/2026 - 04:11 PM Learn about SEC filing dates

FAQ

What did ADP executive David Kwon report in this Form 4 filing for AUTOMATIC DATA PROCESSING INC (ADP)?

David Kwon reported exercising stock options for 250 ADP shares at $138.53 per share, converting derivative options into common stock. Following the exercise, he directly holds 9,909.553 ADP common shares and continues to hold 1,137 stock options.

How many ADP shares does David Kwon own after the reported transactions in this Form 4?

After the reported transactions, David Kwon directly owns 9,909.553 shares of AUTOMATIC DATA PROCESSING INC (ADP) common stock. He also has 1,137 stock options remaining following the exercise of options covering 250 underlying shares on July 31, 2026.

At what price were the ADP stock options exercised in David Kwon’s Form 4?

The stock options were exercised at an exercise price of $138.53 per share for 250 underlying ADP shares. These options, titled “Stock Option (Right to Buy)”, were converted into common stock on July 31, 2026 in the reported transaction.

Was David Kwon’s ADP transaction made under a Rule 10b5-1 trading plan?

Yes, the Form 4 states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by David Kwon in September 2025. The filing’s 10b5-1 checkbox is also affirmed, indicating plan-based, pre-arranged trading activity for these ADP shares.

What types of securities were involved in David Kwon’s ADP Form 4 transactions?

The Form 4 reports activity in both “Stock Option (Right to Buy)” derivative securities and underlying ADP common stock. Kwon disposed of 250 option rights through exercise and acquired 250 common shares, adjusting his mix of derivative and non-derivative holdings.

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^*

Kwon David

(Last) (First) (Middle)

ONE ADP BOULEVARD

(Street)

ROSELAND NEW JERSEY 07068

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	Corp VP

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	07/31/2026		M		250(1)	A	$138.53	9,909.553	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
Stock Option (Right to Buy)	$138.53	07/31/2026		M			250	09/01/2021	08/31/2030	Common Stock	250	$138.53	1,137	D

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.

	/s/ David Kwon	08/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)