Trade Summary

5 days ago, Michaud Brian L., serving as EVP at Automatic Data Processing Inc (ADP), sold 848 shares at $212.13 per share, for a total transaction value of $179,886.00. Following this transaction, Michaud Brian L. now holds 14,462 shares of ADP.

This sale represents a 6.00% decrease in Michaud Brian L.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, May 8, 2026 and publicly disclosed via SEC Form 4 filing on Monday, May 11, 2026, 3 days after the trade was made.

Automatic Data Processing Inc operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.