David Kwon, a Corporate Vice President at Automatic Data Processing Inc, filed a Form 4 on November 13, 2026, reporting a disposition of 69 shares of common stock on November 12, 2026, via a gift transaction at a price of $0.0000 per share.

Key Highlights

  • Reporting person: David Kwon, identified in the filing as a Corporate Vice President of Automatic Data Processing Inc (NASDAQ:ADP).
  • Transaction type: Code "G" disposition, indicating a gift of 69 shares of common stock on November 12, 2026.
  • Transaction price: $0.0000 per share, as stated in the filing.
  • Remaining holdings: Following the transaction, Kwon directly beneficially owned 12,917.452 shares of common stock.
  • No derivative activity: Table II of the filing contains no reported derivative security transactions.

Kwon's Gift Disposition and Remaining Direct Stake in ADP

According to the Form 4 filed with the U.S. Securities and Exchange Commission, David Kwon, a Corporate Vice President at Automatic Data Processing Inc, disposed of 69 shares of the company's common stock on November 12, 2026. The transaction was recorded under transaction code "G," which corresponds to a gift, and the per-share price was listed as $0.0000, consistent with a non-sale transfer.

The filing reports that following this disposition, Kwon held a direct beneficial ownership position of 12,917.452 shares of Automatic Data Processing common stock. The ownership is listed as direct, with no indirect holdings reported in connection with this transaction. No deemed execution date was noted in the filing, and no transactions were reported in Table II, which covers derivative securities such as options or warrants.

The filing was signed by David Kwon and submitted on November 13, 2026, the day after the reported transaction date. The form was filed by one reporting person and is not an amendment to a previously filed form, according to the disclosure.

What Was Disclosed

The filing disclosed a single gift disposition of 69 shares of Automatic Data Processing common stock by Corporate Vice President David Kwon on November 12, 2026, at $0.0000 per share, leaving him with a direct beneficial ownership of 12,917.452 shares.