ADP EVP DeSilva sells 631 shares at $282.87
ADP’s Executive VP reported a Rule 10b5-1-planned sale of 631 shares, retaining about 18.8k ADP shares afterward.
Rhea-AI Filing Summary
AUTOMATIC DATA PROCESSING INC (ADP) executive Joseph DeSilva, Executive VP, reported selling 631 shares of ADP common stock on September 3, 2026 at an average price of $282.87 per share in an open-market or private transaction. After this sale, he directly holds 18,824.188 shares of ADP common stock. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by DeSilva in September 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 631 shares
Net Sell
1 txn
Insider
DeSilva Joseph
Role
Executive VP
Sold
631 shs ($178K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 631 | $282.87 | $178K |
Holdings After Transaction:
Common Stock — 18,824.188 shares (Direct)
Footnotes (1)
- F1. 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
Shares sold: 631 shares
Sale price per share: $282.87 per share
Shares held after transaction: 18,824.188 shares
3 metrics
Shares sold
631 shares
Common stock sold by Executive VP on September 3, 2026
Sale price per share
$282.87 per share
Average price for the 631 ADP shares sold
Shares held after transaction
18,824.188 shares
Direct ADP common stock holdings of Executive VP after the sale
Key Terms
Rule 10b5-1 trading plan, Executive VP, non-derivative
3 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Executive VP other
"reporting person’s officer title is listed as Executive VP"
non-derivative financial
"transaction_type is classified as non-derivative"
FAQ
What insider transaction did ADP’s Executive VP report on this Form 4?
He reported a sale of 631 shares of ADP common stock on September 3, 2026 at an average price of $282.87 per share in an open-market or private transaction.
Was the ADP insider sale by Joseph DeSilva made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Joseph DeSilva in September 2025, and the Rule 10b5-1 checkbox is affirmed.
Is this ADP Form 4 transaction a buy or a sell by the insider?
This Form 4 reports a sale of ADP common stock by Executive VP Joseph DeSilva. The transaction is coded as a sale and classified as a non-derivative disposition of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.