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Automatic Data Processing(ADP.US) Officer Sells US$11.69 Million in Common Stock

Moomoo News ·  Nov 9, 2024 05:23

$Automatic Data Processing (ADP.US)$ Officer KUTAM SREENIVASA sold 38,975 shares of common stock on Nov 6, 2024 at an average price of $300 for a total value of $11.69 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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