[144] Automatic Data Processing SEC Filing

Rhea-AI Filing Summary

Form 144 filing by Carlos A. Rodriguez for ADP (symbol: ADP)

The notice reports a proposed sale of 2,813 shares of common stock acquired by Restricted Stock Vesting on 09/01/2025, with an aggregate market value of $832,325.21. The filing lists the broker as Fidelity Brokerage Services LLC and identifies NASDAQ as the exchange. The filer also disclosed multiple recent sales over 09/03–09/10/2025 totaling 79,358 shares with gross proceeds shown for each trade. The filing states the filer represents no undisclosed material adverse information and includes the standard certification language regarding accuracy.

Positive

• Regulatory compliance: Form 144 filed and broker/exchange identified, meeting disclosure requirements
• Transparency: Provides acquisition detail (Restricted Stock Vesting on 09/01/2025) and recent sale history with gross proceeds

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale disclosure for restricted stock vesting; transparent but not materially altering capital structure.

The filing documents a planned sale of 2,813 shares that vested as restricted stock on 09/01/2025 and identifies the executing broker and exchange. Prior trades by the same individual during 09/03–09/10/2025 are disclosed with gross proceeds, demonstrating ongoing disposition activity. Given the issuer's reported outstanding share count of 405,043,142, the quantities shown are immaterial to overall capitalization. This is a standard Section 144 disclosure ensuring regulatory compliance and market transparency rather than signaling a corporate event.

Corporate Governance Expert

TL;DR: Filing fulfills Rule 144 requirements; provides necessary attestations and broker details for governance transparency.

The notice includes the required representation that the filer lacks undisclosed material adverse information and supplies broker, transaction, and acquisition details tied to restricted stock vesting. The record of recent sales provides a clear audit trail for insider transactions. From a governance perspective this supports disclosure best practices; there are no statements here about any change to executive status, compensation policy, or plan adoption dates that would raise governance concerns.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2813	832325.21	405043142	09/11/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/01/2025	Restricted Stock Vesting	Issuer			2813	09/01/2025	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Carlos A. Rodriguez One ADP Boulevard Roseland NJ 07068	Common	09/03/2025	11701	3490745.61
Carlos A. Rodriguez One ADP Boulevard Roseland NJ 07068	Common	09/04/2025	11701	3513662.01
Carlos A. Rodriguez One ADP Boulevard Roseland NJ 07068	Common	09/05/2025	12056	3582032.71
Carlos A. Rodriguez One ADP Boulevard Roseland NJ 07068	Common	09/09/2025	21950	6522113.25
Carlos A. Rodriguez One ADP Boulevard Roseland NJ 07068	Common	09/10/2025	21950	6430441.27

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares does the ADP Form 144 report Carlos A. Rodriguez plans to sell?

The filing reports a proposed sale of 2,813 common shares acquired by Restricted Stock Vesting on 09/01/2025.

Which broker and exchange are named in the ADP Form 144?

The broker is Fidelity Brokerage Services LLC (900 Salem Street, Smithfield RI) and the exchange listed is NASDAQ.

How many ADP shares were sold by the filer in the past three months according to the filing?

The filing lists five sales on 09/03/2025–09/10/2025 totaling 79,358 shares with gross proceeds shown for each trade.

What is the aggregate market value reported for the proposed sale?

The aggregate market value for the 2,813 shares to be sold is listed as $832,325.21.

Does the filer make any certification about non-public material information?

Yes, the filer represents by signing the notice that they do not know any material adverse information about the issuer that has not been publicly disclosed.