ADP (NASDAQ: ADP) VP reports Rule 16b-3(f) share transaction

Rhea-AI Filing Summary

AUTOMATIC DATA PROCESSING INC corporate vice president David Foskett reported a discretionary insider transaction in company common stock. On this Form 4, he recorded a Rule 16b-3(f) discretionary transaction involving 49.4306 shares at $223.94 per share. Following the transaction, his directly held position is 11,002.9515 shares of ADP common stock, indicating a small, administrative-style adjustment rather than an open-market buy or sell.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Foskett David

Role Corp. VP

Type	Security	Shares	Price	Value
I	Common Stock	49.431	$223.94	$11K

Holdings After Transaction: Common Stock — 11,002.952 shares (Direct, null)

Footnotes (1)

Key Figures

Shares in transaction: 49.4306 shares Transaction price: $223.94 per share Shares held after: 11,002.9515 shares

3 metrics

Shares in transaction 49.4306 shares Discretionary transaction in ADP common stock

Transaction price $223.94 per share Price for the 49.4306-share discretionary transaction

Shares held after 11,002.9515 shares Direct ADP common stock holdings after transaction

Key Terms

Rule 16b-3(f), discretionary transaction, Common Stock

3 terms

Rule 16b-3(f) financial

"transaction_code_description: Discretionary transaction under Rule 16b-3(f)"

discretionary transaction financial

"transaction_action: discretionary transaction"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:11 PM Accepted by SEC EDGAR 07/02/2026 - 04:11 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^*

Foskett David

(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)
07/01/2026

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	07/01/2026		I		49.4306	A	$223.94	11,002.9515	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)	07/02/2026
	** 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)

FAQ

What insider transaction did ADP executive David Foskett report on this Form 4?

David Foskett reported a discretionary transaction in ADP common stock under Rule 16b-3(f). The filing shows activity in 49.4306 shares at $223.94 per share, classified as an administrative adjustment rather than a standard market buy or sell.

Was the ADP Form 4 transaction by David Foskett a buy or a sell?

The Form 4 classifies the activity as a discretionary transaction under Rule 16b-3(f), not a traditional buy or sell. The transaction code is I, and the system flags it as neither a purchase nor a sale of ADP common stock.

How many ADP shares did David Foskett report holding after this transaction?

After the reported transaction, David Foskett’s direct holdings in ADP common stock total 11,002.9515 shares. This figure comes directly from the Form 4 and reflects his position immediately following the discretionary Rule 16b-3(f) transaction.

What does the Rule 16b-3(f) discretionary transaction mean for ADP insiders?

A Rule 16b-3(f) discretionary transaction is an insider trade exempt from certain short-swing profit rules. For this ADP filing, it indicates the activity in 49.4306 shares was handled through an approved insider transaction framework rather than a typical open-market trade.

Does the ADP Form 4 for David Foskett show any derivative securities activity?

No derivative securities are listed in this ADP Form 4 for David Foskett. The derivativeSummary is empty, and all reported activity relates to non-derivative common stock, reinforcing that only a small discretionary share transaction was disclosed.