Insider trade

CEO sold ~$37K of ADP shares in the open market

Traded Jan 5, 2026 · Filed Jan 6, 2026

~$37K
Reported value · 145 sh @ $257.2446: 75K
Holds after · shares reported: +2.6%
stock since the trade · S&P 500 +11.1%, $257.32 → $263.96 on Oct 1

Why it stands out

The boss of Automatic Data Processing sold $37K of Automatic Data Processing shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jan 5, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 6, 2026

CEO$25K–$100KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$37,300

Shares × reported transaction price

Timing vs results

68 days after results of Oct 29, 2025, 23 days before results of Jan 28, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $257.32 on Jan 5, 2026, within 4% of its 52-week low, after a 3% rise over the previous 30 trading days

52-week range $249.06 (Nov 20, 2025) to $326.81 (Jun 6, 2025), 11% of the way up, from 250 adjusted closes. 30 trading days earlier: $250.41 on Nov 19, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-1.1%	+0.1%	-1.2%
30 days	-11.4%	+0.1%	-11.6%
90 days	-22.1%	-4.4%	-17.7%
180 days	-8.3%	+8.9%	-17.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001225208-26-000338
Filed / recorded: Jan 6, 2026, 9:12 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: AUTOMATIC DATA PROCESSING INC
Issuer CIK: 8670
Ticker: ADP
Reporting person: Maria Black
Relationship: Officer
Officer title: President & CEO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Jan 5, 2026
Transaction code: S
Shares / units: 145
Price per share: $257.2446
Acquired / disposed: Disposed (D)
Shares owned after: 75,345.9114
Ownership form: Direct
Amendment: No

Footnotes from the filing

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025.

Around the same time

8mo ago

131.87Shares · @ $246.82

Routine share withholding; mechanical by default.

Why it stands out Official record

8mo ago

585.66Shares · @ $246.82

Routine share withholding; mechanical by default.

Why it stands out Official record

Officer sold ~$142K of Automatic Data Processing

Scheduled in advance9mo ago