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ADP grants VP 903 RSUs, withholds shares for tax

ADP’s corporate vice president received 903 RSUs that vest over three years, with 406.397 shares withheld to cover exercise price or tax obligations.

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AUTOMATIC DATA PROCESSING INC (ADP) reported that corporate vice president Jonathan S. Lehberger received a grant of 903 restricted stock units on September 1, 2026. These units are convertible into common stock on a one-for-one basis and vest ratably over 3 years. On the same date, 406.397 shares of common stock were delivered or withheld at $283.49 per share for payment of exercise price or tax liability. No Rule 10b5-1 trading plan is reported for these transactions.

Positive

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Negative

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Insider Lehberger Jonathan S
Role Corp. VP
Type Security Shares Price Value
Grant/Award Common Stock F1 903 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 406.397 $283.49 $115K
Holdings After Transaction: Common Stock — 5,731.2689 shares (Direct)
Footnotes (1)
  1. 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.
Restricted stock units granted 903 units Equity award to corporate VP on September 1, 2026
Vesting period 3 years RSUs vest ratably over three years
Shares delivered or withheld 406.397 shares Used for payment of exercise price or tax liability
Price per share on code F transaction $283.49 per share Applied to 406.397 shares on September 1, 2026
restricted stock units financial
"In the form of restricted stock units, which are convertible into common stock"
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.
vest ratably financial
"and vest ratably over 3 years."
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"

FAQ

What insider transactions did ADP (ADP) report for Jonathan S. Lehberger?

ADP reported that corporate vice president Jonathan S. Lehberger received 903 restricted stock units on September 1, 2026, and that 406.397 shares of common stock were delivered or withheld that same day to pay exercise price or tax liability.

How many ADP RSUs were granted to the corporate VP and how do they vest?

The corporate VP received 903 restricted stock units, which are convertible into ADP common stock on a one-for-one basis and vest ratably over 3 years, meaning portions of the award vest in equal installments over the three-year period.

What does the 406.397-share transaction at $283.49 mean for ADP (ADP)?

On September 1, 2026, 406.397 shares of ADP common stock were delivered or withheld at $283.49 per share as payment of exercise price or tax liability related to an equity award, rather than as an open-market sale.

Was Jonathan S. Lehberger’s ADP Form 4 filed under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for these transactions, meaning they were not reported as executed under a pre-arranged trading plan.

Does the Form 4 disclose Lehberger’s total ADP share holdings after these transactions?

No. The reported rows show the shares granted and shares delivered or withheld, but do not state a total number of ADP shares held by Lehberger following the transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lehberger Jonathan S

(Last)(First)(Middle)
ONE ADP BOULEVARD

(Street)
ROSELAND NEW JERSEY 07068

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AUTOMATIC DATA PROCESSING INC [ ADP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Corp. VP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026A903(1)A$0.00006,137.6659D
Common Stock09/01/2026F406.397D$283.495,731.2689D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
David Kwon (POA on File)09/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)