Insider trade

Officer sold ~$234K of ADP shares in the open market

Traded Feb 6, 2026 · Filed Feb 9, 2026

~$234K
Reported value · 1,000 sh @ $234.18: 15K
Holds after · shares reported: +14.1%
stock since the trade · S&P 500 +10.6%, $231.36 → $263.96 on Oct 1

Why it stands out

Automatic Data Processing's Executive VP sold $234K 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: Feb 6, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 9, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$234,180

Shares × reported transaction price

Timing vs results

9 days after results of Jan 28, 2026, 82 days before results of Apr 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 $231.36 on Feb 6, 2026, at its 52-week low, after a 10% drop over the previous 30 trading days

52-week range $231.36 (Feb 6, 2026) to $326.81 (Jun 6, 2025), 0% of the way up, from 251 adjusted closes. 30 trading days earlier: $257.005 on Dec 23, 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	-5.5%	-1.3%	-4.2%
30 days	-8.0%	-3.8%	-4.3%
90 days	-6.2%	+6.8%	-13.0%
180 days	+21.4%	+11.7%	+9.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0001225208-26-001517
Filed / recorded: Feb 9, 2026, 9:02 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: Feb 6, 2026
Transaction code: S
Shares / units: 1,000
Price per share: $234.18
Acquired / disposed: Disposed (D)
Shares owned after: 15,310.3519
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

Officer sold ~$115K of Automatic Data Processing

Scheduled in advance8mo ago

Officer sold ~$63K of Automatic Data Processing

Scheduled in advance8mo ago

8mo ago

131.87Shares · @ $246.82

Routine share withholding; mechanical by default.

Why it stands out Official record