ADP officer plans $530K Rule 144 stock sale
ADP officer Christopher D'Ambrosio has filed under Rule 144 to sell 1,872 shares, received via restricted stock vesting.
Rhea-AI Filing Summary
AUTOMATIC DATA PROCESSING INC (ADP) is the issuer for a planned sale of its common stock reported under Rule 144. An officer, Christopher D'Ambrosio, through Fidelity Brokerage Services LLC, has filed to sell 1,872 shares of ADP common stock on NASDAQ. These shares were acquired on September 1, 2026 via restricted stock vesting as compensation, with an indicated aggregate market value of $529,776.00 at the time of the notice.
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Key Figures
Shares proposed to be sold: 1,872 shares
Aggregate market value: $529,776.00
Planned sale trading market: NASDAQ
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4 metrics
Shares proposed to be sold
1,872 shares
ADP common stock under Rule 144 notice
Aggregate market value
$529,776.00
Value of 1,872 ADP shares in the Form 144
Planned sale trading market
NASDAQ
Listing venue for the ADP common stock to be sold
Acquisition date of shares
September 1, 2026
Date the 1,872 ADP shares vested as restricted stock
Key Terms
Rule 144, Restricted Stock Vesting, Compensation, attorney-in-fact
4 terms
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.
Compensation financial
"09/01/2026 | Compensation"
attorney-in-fact regulatory
"as attorney-in-fact for Christopher D'Ambrosio"
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.
FAQ
What insider sale was reported for ADP in this Form 144 filing?
The filing reports that 1,872 shares of AUTOMATIC DATA PROCESSING INC common stock are proposed to be sold on NASDAQ by officer Christopher D'Ambrosio through Fidelity Brokerage Services LLC under Rule 144.
Who is the person for whose account the ADP securities will be sold?
The securities are to be sold for the account of Christopher D'Ambrosio, identified as an officer in relation to AUTOMATIC DATA PROCESSING INC.
AI-generated analysis. How Rhea-AI works. Not financial advice.