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ADP officer plans 631-share Rule 144 stock sale

Officer Joseph DeSilva has filed a Rule 144 notice covering 631 ADP shares after recent vested stock and prior sales of 6,512 shares.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

AUTOMATIC DATA PROCESSING INC (ADP) is the issuer for a planned sale of common stock under Rule 144 for the account of officer Joseph DeSilva. The notice covers 631 shares of common stock to be sold through Fidelity Brokerage Services LLC, following restricted stock vesting on September 1, 2026, and reports that 6,512 shares of common stock were sold in the past three months for $1,842,896.00.

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Planned shares to be sold 631 shares Common stock to be sold under Rule 144 for Joseph DeSilva
Shares sold in past 3 months 6,512 shares Common stock sold on September 2, 2026
Aggregate proceeds from past 3 months sales $1,842,896.00 Total for 6,512 ADP shares sold on September 2, 2026
Security type Common stock 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 Joseph DeSilva"
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.
aggregate financial
"6512 | 1842896.00"
A combined total or summary created by adding together multiple parts or data points. Used as a noun and a verb, it means pooling individual items (sales, revenues, assets, transactions, or data) into one overall figure so stakeholders can see the big picture; like pouring many small jars into a single container to measure the total amount. Aggregate figures matter to investors because they show the overall size, trend, or exposure of a business or market rather than the detail of each component.

FAQ

What does the Form 144 filing disclose for ADP?

The filing discloses a planned Rule 144 sale of 631 shares of Automatic Data Processing Inc. common stock for officer Joseph DeSilva, to be sold through Fidelity Brokerage Services LLC after restricted stock vested on September 1, 2026.

Who is the reporting person in this ADP Form 144?

The notice is filed for the account of Joseph DeSilva, identified as an officer of Automatic Data Processing Inc. Fidelity Brokerage Services LLC is acting, with a representative signing as attorney-in-fact for DeSilva.

How many ADP shares are planned to be sold under this Form 144?

The Form 144 indicates a planned sale of 631 shares of Automatic Data Processing Inc. common stock, associated with restricted stock vesting on September 1, 2026.

What prior ADP share sales are reported in the last three months?

The filing reports that 6,512 shares of Automatic Data Processing Inc. common stock were sold on September 2, 2026, with aggregate proceeds of $1,842,896.00 during the past three months.

Which broker is handling the planned ADP stock sale for this Form 144?

The planned sale of Automatic Data Processing Inc. common stock is listed with Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island, as the broker involved in the transaction.

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