Insider trade

Director purchased ~$746K of ADP shares in the open market

Traded May 7, 2026 · Filed May 11, 2026

~$746K
Reported value · 3,619 sh @ $206.05: 5,072
Holds after · shares reported: +23.3%
stock since the trade · S&P 500 +4.4%, $214.09 → $263.96 on Oct 1

Robert Holmes Swan, Director's past purchases, 90 days after disclosure: 3 buys, median -5.5% vs S&P 500, beat it 1 of 3 times. Past results, not a forecast.

Why it stands out

A board member of Automatic Data Processing spent $746K of their very own money to buy Automatic Data Processing shares. Their pile of Automatic Data Processing shares grew by 249%.

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: May 7, 2026
Reporting period: Not applicable
Filed with the SEC: May 11, 2026

Director$500K–$1MHoldings +249%

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$745,695

Shares × reported transaction price

Size band

$500K–$1M

Ownership change

+249.1%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

Not enough history to judge

Confirmed open-market purchases by the same insider in the available history

Cluster activity

No other insider purchases within 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

8 days after results of Apr 29, 2026, 83 days before results of Jul 29, 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 $214.09 on May 7, 2026, 13% above its 52-week low and 34% below its high, after a 6% rise over the previous 30 trading days

52-week range $188.79 (Apr 10, 2026) to $326.81 (Jun 6, 2025), 18% of the way up, from 251 adjusted closes. 30 trading days earlier: $202.11 on Mar 25, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+3.1%	-0.6%	+3.7%
30 days	+5.6%	-0.1%	+5.7%
90 days	+28.0%	+4.7%	+23.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001225208-26-005087
Filed / recorded: May 11, 2026, 8:04 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: Robert Holmes Swan
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 7, 2026
Transaction code: P
Shares / units: 3,619
Price per share: $206.05
Acquired / disposed: Acquired (A)
Shares owned after: 5,072
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 January 2026.

Around the same time

Officer sold ~$180K of Automatic Data Processing

Scheduled in advance5mo ago

5mo ago

Congress trade

$1,001 - $15,000Reported range · official band, not an exact amount

4 different filers disclosed ADP within 90 days. Disclosed 24 days after the transaction; reported as an official range, not an exact amount.

Why it stands out Official record