ADP VP sells 1,529 shares at $283 in 10b5-1 plan
ADP corporate vice president David Foskett reported RSU awards plus a planned sale of common stock executed under a Rule 10b5-1 trading plan.
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Rhea-AI Filing Summary
AUTOMATIC DATA PROCESSING INC (ADP) reports that corporate vice president David Foskett received an award of 4,006 restricted stock units on September 1, 2026, convertible into common stock on a one-for-one basis and vesting ratably over three years. On the same date, 1,980.495 shares of common stock were delivered or withheld for payment of exercise price or tax liability. On September 2, 2026, he sold 1,529 shares of common stock at $283.00 per share pursuant to a Rule 10b5-1 trading plan adopted in September 2025.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 1,529 | $283.00 | $433K |
| Grant/Award | Common Stock F1 | 4,006 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,980.495 | $283.49 | $561K |
Footnotes (2)
- 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.
- F2. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025.
Key Figures
Key Terms
restricted stock units financial
vest ratably financial
Rule 10b5-1 trading plan regulatory
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ADP executive David Foskett report in this Form 4 for ADP?
What equity award did ADP’s David Foskett receive according to this Form 4?
What does the code F transaction in David Foskett’s ADP Form 4 represent?
What is David Foskett’s role at AUTOMATIC DATA PROCESSING INC (ADP)?
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