ADP director uses 13,471.836 shares for option price or taxes
ADP director Carlos A. Rodriguez used 13,471.836 shares to cover option costs or taxes and continues to hold direct and trust-based positions.
Rhea-AI Filing Summary
AUTOMATIC DATA PROCESSING INC (ADP) director Carlos A. Rodriguez reported on September 1, 2026 that 13,471.836 shares of common stock were withheld or delivered to pay the option exercise price or related tax liability at $283.49 per share. After this transaction he held 34,178.3041 shares of ADP common stock directly, and an additional 13,813 shares indirectly through a trust. No Rule 10b5-1 trading plan is reported for this activity.
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Insights
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Insider Trade Summary
Exercise Price or Tax Liability: 13,471.836 shares
Exercise Price or Tax Liability
2 txns
Insider
Rodriguez Carlos A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,471.836 | $283.49 | $3.82M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 34,178.3041 shares (Direct);
Common Stock — 13,813 shares (Indirect, By Trust)
Key Figures
Shares used for option price or tax payment: 13,471.836 shares
Valuation per share for option or tax payment: $283.49 per share
Direct holdings after transaction: 34,178.3041 shares
+1 more
4 metrics
Shares used for option price or tax payment
13,471.836 shares
Common stock applied on September 1, 2026 to cover exercise price or tax liability
Valuation per share for option or tax payment
$283.49 per share
Valuation used for the 13,471.836 ADP shares on September 1, 2026
Direct holdings after transaction
34,178.3041 shares
ADP common stock held directly by Carlos A. Rodriguez after September 1, 2026
Indirect holdings in trust after transaction
13,813 shares
ADP common stock held indirectly through a trust after September 1, 2026
FAQ
What insider transaction did ADP director Carlos A. Rodriguez report?
On September 1, 2026, Carlos A. Rodriguez reported that 13,471.836 ADP shares were withheld or delivered to pay the option exercise price or related tax liability at $283.49 per share, rather than sold in an open-market trade.
Does Carlos A. Rodriguez have any indirect holdings of ADP stock?
Yes. In addition to his direct holdings, an entity described as a trust held 13,813 ADP shares for his indirect benefit after the reported transaction on September 1, 2026.
Was the ADP insider transaction made under a Rule 10b5-1 trading plan?
No. The filing states that no Rule 10b5-1 trading plan is associated with the reported September 1, 2026 transaction by Carlos A. Rodriguez.
AI-generated analysis. How Rhea-AI works. Not financial advice.