Insider trade

Officer sold ~$34K of ADP shares in the open market

Traded Aug 21, 2026 · Filed Aug 24, 2026

~$34K
Reported value · 120 sh @ $279.70: 18K
Holds after · shares reported: -6.0%
stock since the trade · S&P 500 -0.2%, $280.81 → $263.96 on Oct 1

Why it stands out

Automatic Data Processing's Executive VP sold $34K 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: Aug 21, 2026
Reporting period: Not applicable
Filed with the SEC: Aug 24, 2026

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$33,564

Shares × reported transaction price

Timing vs results

23 days after 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 $280.81 on Aug 21, 2026, 49% above its 52-week low and 9% below its high, after a 16% rise over the previous 30 trading days

52-week range $188.79 (Apr 10, 2026) to $307.95 (Aug 22, 2025), 77% of the way up, from 251 adjusted closes. 30 trading days earlier: $241.92 on Jul 10, 2026. 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	+0.3%	-0.5%	+0.8%
30 days	-7.0%	+0.2%	-7.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0001225208-26-007307
Filed / recorded: Aug 24, 2026, 8:13 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: Brian L. Michaud
Relationship: Officer
Officer title: Executive VP
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Aug 21, 2026
Transaction code: S
Shares / units: 120
Price per share: $279.70
Acquired / disposed: Disposed (D)
Shares owned after: 18,441.5155
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

4w ago

2,827Shares

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

4w ago

2,073Shares

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

Officer sold ~$178K of Automatic Data Processing

Scheduled in advance5w ago