Planned sale of 1,000 ADP (NASDAQ: ADP) shares disclosed in Form 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Automatic Data Processing insider plans to sell 1,000 common shares under Rule 144. The shares are to be sold through Fidelity Brokerage Services on the NASDAQ, with an aggregate market value of 234,180.00 and total shares outstanding of 402,644,364.
The 1,000 shares were acquired on 09/01/2019 through restricted stock vesting from the issuer as compensation, with payment also dated 09/01/2019. The seller represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations, as required for this notice.
Positive
- None.
Negative
- None.
FAQ
What does the ADP Form 144 filing disclose?
The Form 144 filing discloses a planned sale of 1,000 common shares of Automatic Data Processing on NASDAQ, with an aggregate market value of 234,180.00, by a person relying on Rule 144 resale provisions and making required representations about public information.
What representation does the seller make in the ADP Form 144 filing?
The seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, as required by the Form 144 instructions and Rule 144 conditions.