Automatic Data Processing (ADP) awards stock; VP Kutam now holds 51,769 shares
Rhea-AI Filing Summary
AUTOMATIC DATA PROCESSING INC reported that corporate vice president Sreenivasa Kutam received a grant, award, or other acquisition of 11,083.354 shares of Common Stock on 2026-08-05 at a stated price of $0.0000 per share. After this equity award, he directly holds 51,769.181 shares of ADP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,083.354 shares
Net Buy
1 txn
Insider
KUTAM SREENIVASA
Role
Corp VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,083.354 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 51,769.181 shares (Direct)
Key Figures
Shares granted: 11,083.354 shares
Price per share: $0.0000
Shares owned after: 51,769.181 shares
+1 more
4 metrics
Shares granted
11,083.354 shares
Common Stock grant to corporate vice president Sreenivasa Kutam on 2026-08-05
Price per share
$0.0000
Stated transaction price per share for the reported equity grant
Shares owned after
51,769.181 shares
Direct holdings of Sreenivasa Kutam following the reported grant
Transaction date
2026-08-05
Date of the Common Stock grant to Sreenivasa Kutam
Key Terms
Grant, award, or other acquisition, direct ownership, Common Stock
3 terms
Grant, award, or other acquisition regulatory
"Transaction code description: Grant, award, or other acquisition"
direct ownership financial
"Ownership type for the reported Common Stock is direct ownership"
Common Stock financial
"Security title involved in the insider transaction is 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock award did ADP report for Sreenivasa Kutam?
AUTOMATIC DATA PROCESSING INC disclosed that corporate vice president Sreenivasa Kutam received an equity grant of 11,083.354 shares of ADP Common Stock on 2026-08-05 at a stated price of $0.0000 per share, classified as a grant, award, or other acquisition.
Was the ADP insider transaction for Sreenivasa Kutam a market purchase or an award?
The transaction for Sreenivasa Kutam is coded as an “A”, described as a grant, award, or other acquisition of Common Stock, not a market purchase. The shares were recorded at a stated price of $0.0000 per share in the filing data.
Does the ADP Form 4 indicate use of a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is unchecked, so this equity grant to Sreenivasa Kutam is not affirmed as executed under a Rule 10b5-1 trading plan according to the insider filing data provided.