Automatic Data Processing (ADP) EVP granted 4,049.733 shares of common stock
Rhea-AI Filing Summary
Michaud Brian L. reported acquisition or exercise transactions in this Form 4 filing.
Automatic Data Processing Inc.'s Executive VP Brian L. Michaud reported a Form 4 showing a grant of 4,049.7330 shares of common stock on August 5, 2026 at $0.0000 per share. Following this award, he directly owns 18,561.5155 shares. The Rule 10b5-1 checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,049.733 shares
Net Buy
1 txn
Insider
Michaud Brian L.
Role
Executive VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,049.733 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 18,561.5155 shares (Direct)
Key Figures
Shares granted: 4049.7330 shares
Price per share: $0.0000
Shares owned after: 18561.5155 shares
+1 more
4 metrics
Shares granted
4049.7330 shares
Non-derivative common stock award on August 5, 2026
Price per share
$0.0000
Recorded grant price for the awarded common shares
Shares owned after
18561.5155 shares
Total direct common stock holdings following the award
Transaction date
2026-08-05
Date of the reported non-derivative equity award
Key Terms
Grant, award, or other acquisition, Rule 10b5-1, non-derivative
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
non-derivative financial
""transaction_type": "non-derivative""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ADP's Brian L. Michaud report?
Brian L. Michaud reported a grant of 4,049.7330 shares of Automatic Data Processing common stock on August 5, 2026, recorded as a non-derivative award at $0.0000 per share under transaction code A.
Was Brian L. Michaud’s ADP Form 4 transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox was not selected (aff_10b5_one: false), indicating the reported August 5, 2026 grant of 4,049.7330 ADP shares was not affirmed as made under a Rule 10b5-1 trading plan.
What position does Brian L. Michaud hold at Automatic Data Processing (ADP)?
Brian L. Michaud is reported as an officer of Automatic Data Processing Inc. with the title "Executive VP". This officer status is disclosed in the reporting person details within the Form 4 insider filing.
What type of security and transaction code appear in this ADP Form 4?
The Form 4 lists "Common Stock" as a non-derivative security, with a transaction coded "A", described as a "Grant, award, or other acquisition", reflecting an equity award rather than an open-market purchase or sale.
Is the ADP Form 4 transaction by Brian L. Michaud a buy or an award?
The transaction is categorized as a grant/award acquisition, not a market purchase. The transaction_action field describes it as a "grant/award acquisition" with 4,049.7330 shares acquired at $0.0000 per share.