AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Merit Financial Group, LLC's Holding History (CIK: 0001621225)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 25,122 Value ($000) $6,462 Avg Close $264.83 Range $245.59 - $291.75

Q3 2025

Shares 19,203 Value ($000) $5,636 Avg Close $297.80 Range $280.46 - $312.33

Q2 2025

Shares 20,259 Value ($000) $6,248 Avg Close $302.36 Range $268.13 - $324.50

Q1 2025

Shares 17,448 Value ($000) $5,331 Avg Close $295.41 Range $279.29 - $315.84

Q4 2024

Shares 15,077 Value ($000) $4,413 Avg Close $287.90 Range $266.14 - $301.35

Q3 2024

Shares 12,302 Value ($000) $3,404 Avg Close $253.49 Range $223.96 - $274.02

Q2 2024

Shares 12,160 Value ($000) $2,903 Avg Close $236.61 Range $228.77 - $245.17

Q1 2024

Shares 12,766 Value ($000) $3,088 Avg Close $234.26 Range $221.78 - $245.61

Q4 2023

Shares 7,924 Value ($000) $1,846 Avg Close $222.04 Range $195.57 - $239.12

Q3 2023

Shares 9,715 Value ($000) $2,337 Avg Close $231.16 Range $204.74 - $243.17

Q2 2023

Shares 8,984 Value ($000) $1,975 Avg Close $203.27 Range $189.64 - $210.89

Q1 2023

Shares 6,049 Value ($000) $1,347 Avg Close $211.47 Range $197.72 - $230.89

Q4 2022

Shares 5,371 Value ($000) $1,283 Avg Close $228.99 Range $203.81 - $257.33

Q3 2022

Shares 4,913 Value ($000) $1,111 Avg Close $219.07 Range $190.70 - $242.63

Q2 2022

Shares 6,865 Value ($000) $1,442 Avg Close $202.51 Range $182.36 - $222.13

Q1 2022

Shares 2,902 Value ($000) $660 Avg Close $196.92 Range $176.60 - $227.31

Q4 2021

Shares 2,781 Value ($000) $686 Avg Close $207.28 Range $180.16 - $228.68

Q3 2021

Shares 3,079 Value ($000) $616 Avg Close $187.71 Range $179.33 - $197.68

Q2 2021

Shares 2,752 Value ($000) $547 Avg Close $176.27 Range $167.48 - $182.39

Q1 2021

Shares 2,750 Value ($000) $518 Avg Close $156.66 Range $143.60 - $175.27

Q4 2020

Shares 2,913 Value ($000) $513 Avg Close $147.45 Range $121.14 - $161.77

Q3 2020

Shares 2,912 Value ($000) $406 Avg Close $125.00 Range $114.15 - $135.97

Q2 2020

Shares 3,587 Value ($000) $534 Avg Close $126.99 Range $112.18 - $142.82

Q1 2020

Shares 3,586 Value ($000) $490 Avg Close $141.95 Range $91.30 - $160.44

Q4 2019

Shares 3,494 Value ($000) $596 Avg Close $145.09 Range $134.54 - $151.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	25,122	$6,462	$264.83	$245.59 - $291.75
Q3 2025	19,203	$5,636	$297.80	$280.46 - $312.33
Q2 2025	20,259	$6,248	$302.36	$268.13 - $324.50
Q1 2025	17,448	$5,331	$295.41	$279.29 - $315.84
Q4 2024	15,077	$4,413	$287.90	$266.14 - $301.35
Q3 2024	12,302	$3,404	$253.49	$223.96 - $274.02
Q2 2024	12,160	$2,903	$236.61	$228.77 - $245.17
Q1 2024	12,766	$3,088	$234.26	$221.78 - $245.61
Q4 2023	7,924	$1,846	$222.04	$195.57 - $239.12
Q3 2023	9,715	$2,337	$231.16	$204.74 - $243.17
Q2 2023	8,984	$1,975	$203.27	$189.64 - $210.89
Q1 2023	6,049	$1,347	$211.47	$197.72 - $230.89
Q4 2022	5,371	$1,283	$228.99	$203.81 - $257.33
Q3 2022	4,913	$1,111	$219.07	$190.70 - $242.63
Q2 2022	6,865	$1,442	$202.51	$182.36 - $222.13
Q1 2022	2,902	$660	$196.92	$176.60 - $227.31
Q4 2021	2,781	$686	$207.28	$180.16 - $228.68
Q3 2021	3,079	$616	$187.71	$179.33 - $197.68
Q2 2021	2,752	$547	$176.27	$167.48 - $182.39
Q1 2021	2,750	$518	$156.66	$143.60 - $175.27
Q4 2020	2,913	$513	$147.45	$121.14 - $161.77
Q3 2020	2,912	$406	$125.00	$114.15 - $135.97
Q2 2020	3,587	$534	$126.99	$112.18 - $142.82
Q1 2020	3,586	$490	$141.95	$91.30 - $160.44
Q4 2019	3,494	$596	$145.09	$134.54 - $151.18