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Automatic Data Processing insider files Form 144 to sell 1,987 ADP shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

The filing is a Form 144 notice for Automatic Data Processing, Inc. (ADP) reporting a proposed sale of 1,987 common shares through Fidelity Brokerage Services with an aggregate market value of $599,358.68 and an approximate sale date of 09/02/2025 on NASDAQ. The securities were listed as acquired by option (granted 09/01/2021) and payment is indicated as cash. The filer also reported a prior sale on 06/13/2025 of 1,381 common shares for gross proceeds of $424,063.67. Outstanding shares of the issuer are shown as 405,043,142.

Positive

  • None.

Negative

  • None.

Insights

TL;DR Routine insider notice of proposed sale; quantities are small relative to outstanding shares and reflect option exercise.

This Form 144 documents a planned sale of 1,987 ADP shares tied to an option granted in 2021, with cash payment and execution via Fidelity on NASDAQ. The filing includes a recent prior sale of 1,381 shares on 06/13/2025. From a compliance perspective, the notice meets Rule 144 disclosure elements: acquisition details, source (issuer/options), broker, approximate sale date, and prior sales during the three-month lookback. No material operational or financial disclosures are included.

TL;DR Insider sale disclosed but size is immaterial versus ADP's share count; unlikely to be market-moving.

The disclosed shares to be sold equal 1,987 with an aggregate market value of $599,358.68 against 405,043,142 shares outstanding, indicating a de minimis dilution or share turnover. The shares stem from an option granted on 09/01/2021, exercised or acquired on 09/02/2025, with proceeds listed as cash. Historical sale data (1,381 shares on 06/13/2025 for $424,063.67) provides context for recent insider liquidity but does not by itself signal material change to company fundamentals.

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

FAQ

What does ADP Form 144 filed here report?

The notice reports a proposed sale of 1,987 ADP common shares via Fidelity with aggregate market value $599,358.68 and approximate sale date 09/02/2025.

How were the shares being sold acquired according to the filing?

The filing states the shares were acquired by an option granted on 09/01/2021 and the acquisition date is listed as 09/02/2025.

Does the filing show any prior insider sales?

Yes. The filer disclosed a prior sale of 1,381 shares on 06/13/2025 for gross proceeds of $424,063.67.

What broker is handling the proposed sale?

The proposed sale is to be handled by Fidelity Brokerage Services LLC, address shown in the filing.

How significant is this sale relative to ADP's outstanding shares?

The filing lists 405,043,142 shares outstanding, making the proposed sale of 1,987 shares immaterial in percentage terms.