Carlos A. Rodriguez, Executive Chair at AUTOMATIC DATA PROCESSING INC (ADP), sold 193,428 shares at $250.98 ($48.5M) on 2023-09-07, disclosed to the SEC on 2023-09-08.
Seasonal sale ($48.5M) by Executive Chair — this insider has traded ADP in September in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $250.69 | 23,327 | $5.8M | 12.1% |
| 2 | $250.69 | 23,327 | $5.8M | 12.1% |
| 3 | $251.29 | 13,123 | $3.3M | 6.8% |
| 4 | $251.29 | 13,123 | $3.3M | 6.8% |
| 5 | $252.28 | 2,800 | $706K | 1.5% |
| 6 | $250.33 | 50,630 |
| $12.7M |
| 26.1% |
| 7 | $250.33 | 50,630 | $12.7M | 26.1% |
| 8 | $250.98 | 8,234 | $2.1M | 4.3% |
| 9 | $250.98 | 8,234 | $2.1M | 4.3% |
| Total | $250.63 avg | 193,428 | $48.5M | 100% |
| Filing → |
| ADP | SELL | 2025-09-08 | $7.2M | — | Filing → |
| ADP | SELL | 2025-09-05 | $13.8M | — | Filing → |
| ADP | SELL | 2024-09-16 | $22.9M | — | Filing → |