Form 4: ADP Corporate Vice President Michael A. Bonarti Reports Stock Disposal

Corporate Vice President Michael A. Bonarti of Automatic Data Processing Inc. (ADP) reported the disposal of 112 common stock shares on December 13, 2024.

Summary

• Michael A. Bonarti, a Corporate Vice President at Automatic Data Processing Inc. (ADP), filed a Form 4 with the SEC.
• The filing reports a transaction on December 13, 2024, where 112 shares of ADP common stock were disposed of.
• The disposal was executed at a price of $296.76 per share.
• Following the transaction, Mr. Bonarti beneficially owns 80,271.594 shares of ADP common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing for an insider transaction, which is neither positive nor negative.

Industry Context

This is a routine filing related to insider transactions and is common for corporate officers. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders across all publicly traded companies.
• The transaction is relatively small in volume compared to typical institutional trading activity.
• The price of $296.76 is consistent with the market price of ADP stock at the time of the transaction.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders due to the small volume of shares involved.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Stock Disposal, Automatic Data Processing, ADP, Michael A. Bonarti, Corporate Vice President