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.
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
Key Figures
Restricted stock units granted: 903 units
Vesting period: 3 years
Shares delivered or withheld: 406.397 shares
+1 more
4 metrics
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
Key Terms
restricted stock units, vest ratably, tax liability
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.