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Automatic Data Processing Director Carlos A. Rodriguez Files Form 144 to Sell $3.39M in Common Stock

Medium SignificanceNovember 2, 2026 at 5:13:20 PM EST

AUTOMATIC DATA PROCESSING INC

$ADP144CIK: 0000008670

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Filing Summary

Proposed sale of 11,305 shares of Common Stock valued at ~$3.39M by Director Carlos A. Rodriguez under a Rule 10b5-1 plan adopted on 09/03/2025.

Comprehensive Analysis

Executive Summary:

  • Issuer: Automatic Data Processing Inc ($ADP)
  • Reporting Person: Carlos A. Rodriguez (Director)
  • Filing Form: Form 144 (Notice of Proposed Sale of Securities)
  • Transaction Size: 11,305 shares totaling approximately $3,392,101.47 (approx. $300.05 per share)
  • Trading Plan: Conducted under a Rule 10b5-1 trading plan adopted on September 3, 2025.

Origin of Shares:

  • The shares were originally acquired on September 1, 2026, via restricted stock vesting as part of equity compensation from the issuer.

Significance:

  • Medium significance given the total dollar value ($3.39M) and the filer's position as Director (and former long-time CEO of ADP). The pre-established Rule 10b5-1 trading plan mitigates concerns regarding discretionary timing.
Topics:#ADP#InsiderTrading#Form144#CorporateGovernance#SEC

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