ADP (ADP) VP D’Ambrosio sells 543 shares under 10b5-1 plan
Rhea-AI Filing Summary
AUTOMATIC DATA PROCESSING INC corporate vice president Christopher D’Ambrosio reported an open-market sale of 543 shares of Common Stock at $208.45 per share. The transaction took place on March 16, 2026 and is classified as a direct disposition.
After the sale, D’Ambrosio directly holds 8,912.23 ADP shares, indicating he retained a substantial equity stake. The filing notes the trade was executed under a Rule 10b5-1 trading plan adopted in September 2025, suggesting the sale was pre-scheduled rather than opportunistic.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did ADP executive Christopher D’Ambrosio report?
Christopher D’Ambrosio reported an open-market sale of ADP shares. On March 16, 2026, he sold 543 shares of Automatic Data Processing Common Stock as a direct transaction, according to the Form 4 insider filing.
How many ADP shares did Christopher D’Ambrosio sell and at what price?
D’Ambrosio sold 543 ADP Common Stock shares at a price of $208.45 per share. This was an open-market sale reported as a non-derivative transaction in the Form 4 filing.
How many ADP shares does Christopher D’Ambrosio hold after this sale?
Following the transaction, D’Ambrosio directly holds 8,912.23 ADP shares. This post-transaction balance in the Form 4 shows he continues to maintain a significant direct ownership position in Automatic Data Processing.
Was the ADP insider sale by Christopher D’Ambrosio under a Rule 10b5-1 plan?
Yes. A footnote states the reported transactions were effected under a Rule 10b5-1 trading plan adopted by D’Ambrosio in September 2025. Such plans pre-schedule trades, reducing the significance of short-term market timing.
Does the Form 4 for ADP show any option exercises or derivative transactions?
No derivative activity is listed in this Form 4 excerpt. The filing shows one non-derivative open-market sale of Common Stock and a derivativeSummary section with no remaining derivative positions disclosed in this particular filing.
Is Christopher D’Ambrosio a major ADP shareholder based on this Form 4?
The Form 4 identifies D’Ambrosio as a corporate vice president, not a ten percent owner. It reports his direct holdings of 8,912.23 ADP shares after the sale, but does not indicate he meets the ten percent ownership threshold.