STOCK TITAN

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.

(Very High)
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

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)
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.

How many ADP (ADP) shares does Carlos A. Rodriguez hold directly after this filing?

Following the September 1, 2026 transaction, Carlos A. Rodriguez held 34,178.3041 ADP common shares in a direct ownership capacity.

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.

At what price were the ADP shares applied to cover option costs or taxes?

The 13,471.836 ADP shares used to pay the option exercise price or related tax liability on September 1, 2026 were valued at $283.49 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
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*
Rodriguez Carlos A

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026F13,471.836D$283.4934,178.3041D
Common Stock13,813IBy Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
David Kwon (POA on File)09/03/2026
** Signature of Reporting PersonDate
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)