ADP Insider Sale After Vesting — 1,373 Shares Listed for Sale

Rhea-AI Filing Summary

Automatic Data Processing (ADP) filed a Form 144 reporting a proposed sale of 1,373 common shares through Fidelity Brokerage Services with an aggregate market value of $407,190.61 and an approximate sale date of 09/03/2025 on NASDAQ. The securities were acquired by restricted stock vesting on 09/01/2025 and the consideration is listed as compensation. The filing also discloses a recent sale by David Foskett of 1,043 shares on 09/02/2025 for $314,078.69. Several issuer details such as the issuer address and the filer relationship to the issuer are not provided in the form content presented.

Insights

Securities Analyst

TL;DR Routine insider sale following restricted stock vesting; disclosure is compliance-oriented and likely not material to ADP's operations.

The Form 144 documents a small-volume insider disposition tied to a vesting event and compensation. The proposed block of 1,373 shares and the prior 1,043-share sale are transactional and appear administrative rather than strategic. There is no earnings, guidance, or corporate-event information included. Absent larger volume or unusual timing, this filing likely has limited market impact.

Corporate Governance Expert

TL;DR Filing shows standard post-vesting sales and adherence to Rule 144 reporting; lacks additional governance signals.

The document indicates the insider represented they have no undisclosed material nonpublic information and records the broker and transaction dates, consistent with Rule 144 procedure. Key governance-related fields such as filer relationship to issuer and issuer address are blank in the provided content, which limits deeper assessment of insider role or potential conflicts. Overall, this is a routine disclosure for compliance.

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	1373	407190.61	405043142	09/03/2025	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			1373	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
David Foskett One ADP Boulevard Roseland NJ 07068	Common	09/02/2025	1043	314078.69

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 does ADP's Form 144 report?

The filing reports a proposed sale of 1,373 common shares through Fidelity with an aggregate market value of $407,190.61, approximate sale date 09/03/2025.

How were the shares acquired that are being sold under the Form 144?

The shares were acquired by restricted stock vesting on 09/01/2025 and the nature of payment is listed as compensation.

Did the filer recently sell other ADP shares?

Yes. The filing shows David Foskett sold 1,043 common shares on 09/02/2025 for $314,078.69.

Through which broker will the proposed sale be executed?

The proposed sale is to be executed through Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield RI 02917.

Is there disclosure of the filer’s relationship to ADP in this content?

No. The provided form content does not specify the filer’s relationship to the issuer; that field is blank in the supplied text.