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ADP's Maria Black plans $8.4M stock sale

Maria Black’s Rule 144 proposal would sell up to 29,810 ADP shares, with an indicated market value of about $8.44M as of Sept. 2.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

AUTOMATIC DATA PROCESSING INC (ADP) has a notice of proposed sale under Rule 144 filed on behalf of Maria Black for up to 29,810 shares of ADP common stock. The shares were acquired from the issuer on September 1, 2026 through restricted stock vesting and are to be sold through Fidelity Brokerage Services LLC, with an indicated aggregate market value of $8,436,230 as of September 2, 2026 on NASDAQ.

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Shares proposed to be sold 29,810 shares Maximum amount of ADP common stock covered by the Rule 144 notice
Aggregate market value $8,436,230 Value of 29,810 ADP shares as of September 2, 2026 on NASDAQ
Acquisition date of shares September 1, 2026 Date the ADP shares were acquired via restricted stock vesting
Security type Common stock Class of ADP securities covered by the Form 144 notice
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 09/01/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Maria Black"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
compensation financial
"09/01/2026 | Compensation"

FAQ

What does the Form 144 filing mean for ADP shareholders?

The filing reports a proposed Rule 144 sale of 29,810 shares of Automatic Data Processing Inc (ADP) common stock by Maria Black. It is a notice of potential resale of restricted or control securities and does not itself execute any trades.

How many ADP (ADP) shares are covered by Maria Black’s Form 144?

The notice covers up to 29,810 shares of Automatic Data Processing Inc common stock. This is the maximum amount indicated as proposed to be sold under Rule 144 through Fidelity Brokerage Services LLC.

What is the approximate value of the ADP shares in this Form 144?

The filing indicates an aggregate market value of $8,436,230 for the 29,810 ADP common shares covered, based on market data as of September 2, 2026 on NASDAQ.

How and when did Maria Black acquire the ADP shares in this Form 144?

The shares were acquired on September 1, 2026 from Automatic Data Processing Inc through restricted stock vesting, characterized in the filing as compensation from the issuer.

Who is handling the proposed sale of these ADP (ADP) shares?

The proposed sale of up to 29,810 ADP common shares is to be effected through Fidelity Brokerage Services LLC, which is listed as the broker in the Form 144 filing.

Does the Form 144 filing state any recent ADP share sales by Maria Black?

The section for securities sold during the past 3 months does not list any entries, indicating no such sales are reported in this notice for that period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature