Form 4: ADP Director Carlos A. Rodriguez Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Carlos A. Rodriguez reported the acquisition of 1,179 shares of Automatic Data Processing Inc. (ADP) common stock on November 6, 2024.
Summary
- On November 6, 2024, Carlos A. Rodriguez, a director of Automatic Data Processing Inc. (ADP), acquired 1,179 shares of common stock.
- The acquisition was made at a price of $0.00 per share.
- Following the transaction, Rodriguez directly owns 35,920.0761 shares of ADP common stock.
- Rodriguez also indirectly owns 13,813 shares through a trust.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock acquisition by a company director, neither inherently positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of transaction: Acquisition of ADP common stock. |
| 11/07/2024 | Date of signature on the Form 4 filing. |
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