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ADP (NASDAQ: ADP) VP Foskett has 586 shares withheld to cover taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Automatic Data Processing (ADP) corporate vice president David Foskett reported a routine share withholding related to equity compensation. On 01/30/2026, 585.656 shares of ADP common stock were disposed of at $246.82 per share under transaction code F, which typically indicates shares withheld to cover taxes on a stock-based award. After this transaction, he directly owned 11,219.5209 shares of ADP common stock.

Positive

  • None.

Negative

  • None.
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*
Foskett David

(Last) (First) (Middle)
ONE ADP BOULEVARD

(Street)
ROSELAND NJ 07068

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/30/2026 F 585.656 D $246.82 11,219.5209 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:
David Kwon (POA on File) 02/03/2026
** 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.

FAQ

What insider transaction did ADP (ADP) executive David Foskett report?

David Foskett reported a routine insider transaction involving ADP common stock. On 01/30/2026, 585.656 shares were disposed of under code F, generally used for shares withheld to cover tax obligations from equity compensation awards.

How many ADP shares does David Foskett own after this Form 4 filing?

After the reported transaction, David Foskett directly owns 11,219.5209 shares of ADP common stock. This figure reflects his beneficial ownership following the 585.656-share disposition reported on 01/30/2026 under transaction code F on the Form 4.

What does transaction code F mean in the ADP Form 4 for David Foskett?

Transaction code F on a Form 4 indicates shares withheld to pay taxes on stock-based compensation. In this ADP filing, 585.656 common shares at $246.82 were disposed of under code F, reflecting tax-related withholding rather than an open-market purchase or sale.

What was the price per share in David Foskett’s ADP stock transaction?

The ADP common stock involved in David Foskett’s reported transaction was valued at $246.82 per share. This price applies to the 585.656 shares disposed of on 01/30/2026 in connection with tax withholding on his equity compensation.

What is David Foskett’s role at ADP mentioned in the Form 4 filing?

In the Form 4, David Foskett is identified as an officer of Automatic Data Processing with the title "Corp. VP." This means he is a corporate vice president and a reporting person subject to insider transaction disclosure requirements under Section 16.
Automatic Data Processing Inc

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99.68B
402.00M
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Software - Application
Services-computer Processing & Data Preparation
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United States
ROSELAND