Insider Sale by Kwon David (Corp VP)
Trade Summary
5 days ago, Kwon David, serving as Corp VP at AUTOMATIC DATA PROCESSING INC (ADP), sold 2,414 shares at $265.62 per share, for a total transaction value of $641,206.68. Following this transaction, Kwon David now holds 9,660 shares of ADP.
This sale represents a 19.99% decrease in Kwon David's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, July 30, 2026 and publicly disclosed via SEC Form 4 filing on Friday, July 31, 2026 at 4:08 PM ET, 1 day 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.
Trade Price
$265.62
Quantity
2,414
Total Value
$641,206.68
Shares Owned
9,660
Trade Date
5 days ago
SEC Filing Date
at 4:08 PM ET
Filed 1 day after trade
Discussion