ADP CEO Maria Black (NASDAQ: ADP) awarded 44,859.2920-share stock grant
Rhea-AI Filing Summary
AUTOMATIC DATA PROCESSING INC President & CEO Maria Black reported a grant of 44,859.2920 shares of common stock on 2026-08-05, classified as a grant/award acquisition at a stated price of 0.0000 per share. After this award, she directly holds 119,960.6340 shares of ADP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 44,859.292 shares
Net Buy
1 txn
Insider
Black Maria
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 44,859.292 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 119,960.634 shares (Direct)
Key Figures
Shares granted: 44859.2920 shares
Price per share: 0.0000 per share
Shares held after transaction: 119960.6340 shares
+1 more
4 metrics
Shares granted
44859.2920 shares
Common stock grant to President & CEO Maria Black on 2026-08-05
Price per share
0.0000 per share
Stated transaction price for the grant/award acquisition
Shares held after transaction
119960.6340 shares
Direct holdings of ADP common stock following the grant
Transactions in this Form 4
1 grant/award acquisition
Single non-derivative acquisition transaction reported for Maria Black
Key Terms
grant/award acquisition, Rule 10b5-1, direct ownership
3 terms
grant/award acquisition financial
"Transaction action labeled as grant/award acquisition of common stock"
Rule 10b5-1 regulatory
"aff_10b5_one indicates the Rule 10b5-1 trading plan checkbox status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
direct ownership financial
"Ownership_type D corresponds to direct ownership of the shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ADP (ADP) CEO Maria Black report?
Maria Black reported a grant of 44,859.2920 ADP common shares on 2026-08-05. The transaction was coded as a grant/award acquisition, indicating compensation-related stock rather than an open-market purchase or sale.
Was Maria Black’s ADP (ADP) stock grant an open-market purchase?
No. The Form 4 describes the transaction as a grant/award acquisition of common stock at a stated price of 0.0000 per share, indicating a compensation-related award rather than a market purchase.
What transaction code was used for Maria Black’s ADP (ADP) stock award?
The transaction uses code “A”, which the filing describes as a grant, award, or other acquisition. This aligns with the characterization of the transaction as a grant/award acquisition of ADP common stock.
Was Maria Black’s ADP (ADP) stock grant under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not marked as affirming a trading plan (aff_10b5_one is false). The filing does not identify this stock grant as executed pursuant to a Rule 10b5-1 trading arrangement.
Is Maria Black’s ownership in ADP (ADP) direct or indirect after the grant?
The Form 4 classifies her post-transaction holdings as direct ownership, using ownership code “D.” The total of 119,960.6340 shares is reported as directly held common stock.