ADP VP sells 1,872 shares, gets 2,565 RSUs
ADP’s corporate vice president reported an RSU grant, tax-withholding share disposition, and a planned sale of common stock under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
AUTOMATIC DATA PROCESSING INC (ADP) reported insider equity transactions by corporate vice president Christopher D'Ambrosio. On September 1, 2026, he received 2,565 restricted stock units that vest over three years and are convertible into common stock one-for-one, and 1,735.776 shares were delivered or withheld to pay an exercise price or tax liability. On September 2, 2026, he sold 1,872 common shares at $283.00 per share in a transaction effected under a Rule 10b5-1 trading plan adopted in September 2025.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 1,872 shares
Net Sell
3 txns
Insider
D'Ambrosio Christopher
Role
Corp. VP
Sold
1,872 shs ($530K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 1,872 | $283.00 | $530K |
| Grant/Award | Common Stock F1 | 2,565 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,735.776 | $283.49 | $492K |
Holdings After Transaction:
Common Stock — 9,927.672 shares (Direct)
Footnotes (2)
- F1. In the form of restricted stock units, which are convertible into common stock on a one-for-one basis and vest ratably over 3 years.
- F2. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025.
Key Figures
Shares sold: 1,872 shares
Sale price: $283.00 per share
RSUs granted: 2,565 units
+3 more
6 metrics
Shares sold
1,872 shares
Common stock sale on September 2, 2026
Sale price
$283.00 per share
Price for 1,872 common shares sold on September 2, 2026
RSUs granted
2,565 units
Restricted stock unit award on September 1, 2026, vesting over 3 years
Shares for exercise price or tax liability
1,735.776 shares
Disposition on September 1, 2026 to pay exercise price or tax liability
Reference price for tax/exercise disposition
$283.49 per share
Per-share figure on 1,735.776-share transaction on September 1, 2026
Rule 10b5-1 plan adoption
September 2025
Plan under which the reported sale was effected
Key Terms
restricted stock units, Rule 10b5-1 trading plan, tax liability
3 terms
restricted stock units financial
"In the form of restricted stock units, which are convertible into common"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 trading plan regulatory
"transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding"
FAQ
What insider transactions did ADP (AUTOMATIC DATA PROCESSING INC) report for Christopher D'Ambrosio?
ADP reported that corporate vice president Christopher D'Ambrosio received 2,565 restricted stock units on September 1, 2026, had 1,735.776 shares delivered or withheld to cover an exercise price or tax liability, and sold 1,872 common shares at $283.00 on September 2, 2026.
Was the recent ADP insider stock sale by Christopher D'Ambrosio under a Rule 10b5-1 plan?
Yes. The Form 4 states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Christopher D'Ambrosio in September 2025, and the plan status box affirming Rule 10b5-1 use is checked.
What equity award did Christopher D'Ambrosio receive from ADP on September 1, 2026?
He received a grant of 2,565 restricted stock units, convertible into ADP common stock on a one-for-one basis. The award vests ratably over three years, meaning portions of the units vest each year during that period.
Does the Form 4 show Christopher D'Ambrosio’s total ADP holdings after these transactions?
No. For each reported transaction, the line for shares beneficially owned following the transaction is left blank, so the filing does not state his total ADP common stock holdings after these events.
AI-generated analysis. How Rhea-AI works. Not financial advice.