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ADP awards EVP Magliulo 2,858 RSUs, withholds shares

ADP’s Executive VP received 2,858 RSUs with three-year vesting and had 2,708.956 shares withheld to cover exercise price or tax obligations.

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AUTOMATIC DATA PROCESSING INC (ADP) reported that Executive VP Virginia Magliulo received an equity compensation award and a related share withholding transaction. On September 1, 2026, she acquired 2,858 restricted stock units, convertible into common stock on a one-for-one basis and vesting ratably over three years. On the same date, 2,708.956 common shares were delivered or withheld at $283.49 per share for payment of exercise price or tax liability.

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Insider Magliulo Virginia
Role Executive VP
Type Security Shares Price Value
Grant/Award Common Stock F1 2,858 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 2,708.956 $283.49 $768K
Holdings After Transaction: Common Stock — 17,792.026 shares (Direct)
Footnotes (1)
  1. F1. In the form of restricted stock units, which are convertible into common stock on a one-for-one basis and vest ratably over 3 years.
Restricted stock units granted 2,858 units Equity award to Executive VP on September 1, 2026
Shares delivered or withheld for exercise price or tax liability 2,708.956 shares Code F transaction on September 1, 2026
Price per share for code F transaction $283.49 per share Used to value 2,708.956 shares delivered or withheld
Vesting period for RSUs 3 years RSUs vest ratably over three years
restricted stock units financial
"In the form of restricted stock units, which are convertible into common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest ratably financial
"and vest ratably over 3 years"
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"

FAQ

What equity award did ADP (ADP) grant to Executive VP Virginia Magliulo?

She acquired 2,858 restricted stock units on September 1, 2026. The units are convertible into ADP common stock on a one-for-one basis and vest ratably over three years.

How many ADP (ADP) shares were withheld or delivered for taxes or exercise price?

On September 1, 2026, 2,708.956 ADP common shares were delivered or withheld at $283.49 per share for payment of exercise price or tax liability related to the equity transaction.

Was Virginia Magliulo’s ADP Form 4 transaction a market purchase or sale?

No market purchase or sale is reported. The filing shows a grant of 2,858 RSUs and a separate code F transaction where 2,708.956 shares were delivered or withheld for exercise price or tax liability.

Are the ADP RSUs granted to Virginia Magliulo subject to vesting?

Yes. The 2,858 restricted stock units are convertible into ADP common stock on a one-for-one basis and vest ratably over three years, meaning portions of the award vest over that period.

Were the ADP Form 4 transactions under a Rule 10b5-1 trading plan?

No. The filing indicates no Rule 10b5-1 trading plan affirmation; the document-level checkbox for such a plan is not marked as true.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Magliulo Virginia

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive VP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026A2,858(1)A$0.000020,500.982D
Common Stock09/01/2026F2,708.956D$283.4917,792.026D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. In the form of restricted stock units, which are convertible into common stock on a one-for-one basis and vest ratably over 3 years.
David Kwon (POA on File)09/03/2026
** Signature of Reporting PersonDate
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)