Form 4: ADP Executive Acquires Shares in Recent Transaction
SEC Filing
David Kwon, a Corporate VP at Automatic Data Processing Inc (ADP), acquired shares of common stock on August 7, 2024.
Summary
- On August 7, 2024, David Kwon, a Corporate VP at Automatic Data Processing Inc (ADP), acquired 2,004.96 shares of common stock.
- The acquisition price was $0.00 per share.
- Following the transaction, Kwon directly owns 10,290.08 shares of ADP common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a change in beneficial ownership by an ADP executive.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, as insider transactions are often viewed as a signal of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/07/2024 | Date of the transaction: David Kwon acquired shares of ADP common stock. |
| 08/09/2024 | Date of signature on the Form 4 filing. |
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