Automatic Data Processing (ADP) grants 3,114-share stock award to corporate VP
Rhea-AI Filing Summary
Kwon David reported acquisition or exercise transactions in this Form 4 filing.
Automatic Data Processing corporate vice president David Kwon received a grant of 3,114.186 shares of Common Stock on 2026-08-05, recorded as a non-derivative award at $0.0000 per share. Following this equity award, he directly holds 13,023.739 shares of Automatic Data Processing common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,114.186 shares
Net Buy
1 txn
Insider
Kwon David
Role
Corp VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,114.186 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 13,023.739 shares (Direct)
Key Figures
Shares granted: 3,114.186 shares
Grant price per share: $0.0000 per share
Total shares after transaction: 13,023.739 shares
+1 more
4 metrics
Shares granted
3,114.186 shares
Non-derivative Common Stock award to Corp VP David Kwon on 2026-08-05
Grant price per share
$0.0000 per share
Reported acquisition price for the Common Stock award
Total shares after transaction
13,023.739 shares
Direct holdings of David Kwon following the grant
Number of acquisition transactions
1
Single non-derivative grant/award acquisition reported
Key Terms
Grant, award, or other acquisition, non-derivative, Rule 10b5-1
3 terms
Grant, award, or other acquisition financial
"Transaction code description is "Grant, award, or other acquisition""
non-derivative financial
"Security classified as non-derivative Common Stock in the transaction data"
Rule 10b5-1 regulatory
"Document-level Rule 10b5-1 checkbox (aff_10b5_one) is marked false"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ADP executive David Kwon report?
David Kwon reported a grant of 3,114.186 shares of Automatic Data Processing Common Stock as a non-derivative equity award. The transaction reflects an acquisition under the Form 4 code “Grant, award, or other acquisition,” not an open-market purchase or sale.
Was David Kwon’s ADP stock grant made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is marked false, indicating the transaction is not affirmed as being under a Rule 10b5-1 trading plan. No footnotes in the reported data modify this status or reference any pre-arranged trading arrangement.
What type of security did David Kwon acquire in this ADP transaction?
The transaction involves Automatic Data Processing Common Stock classified as a non-derivative security. The Form 4 data show a direct ownership acquisition, with no related derivative instruments reported in connection with this particular equity award on 2026-08-05.