ADP VP granted 3,634 RSUs, withholds shares for tax

ADP corporate vice president Paul Boland received a new RSU grant and had shares withheld to cover exercise price or tax obligations on September 1, 2026.

Rhea-AI Filing Summary

AUTOMATIC DATA PROCESSING INC (ADP) reported that corporate vice president Paul Boland received an equity compensation award on September 1, 2026. He acquired 3,634 shares of common stock in the form of restricted stock units that convert into common stock on a one-for-one basis and vest ratably over three years.

On the same date, 3,133.562 shares of common stock were delivered or withheld at $283.49 per share for payment of exercise price or tax liability. The filing indicates these transactions were not made under a Rule 10b5-1 trading plan.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Boland Paul

Role Corp. VP

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	3,634	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	3,133.562	$283.49	$888K

Holdings After Transaction: Common Stock — 12,333.841 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.

Key Figures

RSUs granted: 3,634 shares Shares delivered or withheld: 3,133.562 shares Share price for tax/exercise payment: $283.49 per share +2 more

5 metrics

RSUs granted 3,634 shares Restricted stock units awarded to Paul Boland on September 1, 2026

Shares delivered or withheld 3,133.562 shares Shares delivered or withheld for exercise price or tax liability on September 1, 2026

Share price for tax/exercise payment $283.49 per share Price used for the 3,133.562 shares delivered or withheld

RSU vesting period 3 years RSUs vest ratably over three years

Transaction date September 1, 2026 Date of both the RSU grant and the share delivery/withholding

Key Terms

restricted stock units, vest ratably, Rule 10b5-1

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"

Rule 10b5-1 regulatory

"The filing indicates these transactions were not made under a Rule 10b5-1 trading plan"

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.

FAQ

What insider transactions did ADP corporate vice president Paul Boland report on this Form 4?

Paul Boland reported an award of 3,634 restricted stock units on September 1, 2026, and a disposition of 3,133.562 shares of ADP common stock delivered or withheld to pay exercise price or tax liability at $283.49 per share on the same date.

How many ADP (ADP) restricted stock units did Paul Boland receive?

Paul Boland received 3,634 restricted stock units of ADP common stock. According to the disclosure, these units are convertible into common stock on a one-for-one basis and will vest ratably over three years.

At what price were ADP shares delivered or withheld for Paul Boland’s tax or exercise obligations?

ADP reported that 3,133.562 shares of common stock associated with Paul Boland were delivered or withheld at $283.49 per share to pay the exercise price or tax liability in connection with an equity transaction on September 1, 2026.

Were Paul Boland’s ADP Form 4 transactions under a Rule 10b5-1 trading plan?

The filing indicates that the Rule 10b5-1 checkbox is not affirmed, meaning the reported transactions were not disclosed as being made under a Rule 10b5-1 trading plan.

How do Paul Boland’s new ADP RSUs vest over time?

The 3,634 restricted stock units granted to Paul Boland vest ratably over three years. Each unit is convertible into one share of ADP common stock when it vests, subject to the award’s terms.

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

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Available on EDGAR 09/03/2026 - 04:14 PM Accepted by SEC EDGAR 09/03/2026 - 04:06 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Boland Paul

(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)

	Director		10% Owner
X	Officer (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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/01/2026		A		3,634(1)	A	$0.0000	15,467.403	D
Common Stock	09/01/2026		F		3,133.562	D	$283.49	12,333.841	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Person	Date
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)