ADP (NASDAQ: ADP) VP Foskett has 586 shares withheld to cover taxes
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foskett David
Role
Corp. VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 585.656 | $246.82 | $145K |
Holdings After Transaction:
Common Stock — 11,219.521 shares (Direct)
Footnotes (1)
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.
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 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.