Form 4: Automatic Data Processing CEO Acquires Shares Under Pre-Arranged Plan

Automatic Data Processing's President and CEO, Maria Black, acquired 42.4275 shares of common stock at $294.62 per share on July 1, 2025, under a Rule 10b5-1 pre-arranged trading plan.

Summary

• Maria Black, President & CEO of Automatic Data Processing Inc (ADP), acquired common stock.
• The transaction occurred on July 1, 2025.
• A total of 42.4275 shares were acquired at a price of $294.62 per share.
• The acquisition was made indirectly.
• Following the transaction, Maria Black beneficially owns 68,898.7835 shares.
• The transaction was executed pursuant to a Rule 10b5-1(c) pre-arranged trading plan.

Sentiment

Score: 7

Explanation: The acquisition of shares by a key executive, particularly under a pre-arranged plan, generally signals confidence in the company's valuation and future performance.

Positives

• Insider acquisition of shares by the President & CEO, potentially signaling confidence in the company's future performance.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-scheduled, non-discretionary purchase designed to comply with insider trading laws.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of common stock by President & CEO Maria Black, a related party.

Stakeholder Impact

• Shareholders may view the insider acquisition as a positive signal of management's confidence in the company's future performance.

Key Dates

Recommendation

Keywords

ADP, Automatic Data Processing, Maria Black, insider trading, Form 4, stock acquisition, CEO, 10b5-1 plan, beneficial ownership