STOCK TITAN

ADP grants CSO 4,900 restricted stock units

ADP’s chief strategy officer received time-based equity awards totaling 4,900 restricted stock units with one-year and three-year vesting schedules.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AUTOMATIC DATA PROCESSING INC (symbol: ADP) is the issuer of record for a Form 4 filing submitted to the SEC. Sugla Vishwas reported acquisition or exercise transactions in this Form 4 filing.

AUTOMATIC DATA PROCESSING INC (ADP) reported that Chief Strategy Officer Vishwas Sugla received two equity awards on September 9, 2026. One award covers 2,827 shares in the form of restricted stock units that are convertible into common stock on a one-for-one basis and vest 100% on the first anniversary. A second award covers 2,073 restricted stock units that are likewise convertible one-for-one into common stock and vest ratably over three years. No Rule 10b5-1 trading plan is reported for these awards.

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Insider Sugla Vishwas
Role Chief Strategy Officer
Type Security Shares Price Value
Grant/Award Common Stock F1 2,827 $0.00 $0.00
Grant/Award Common Stock F2 2,073 $0.00 $0.00
Holdings After Transaction: Common Stock — 4,900 shares (Direct)
Footnotes (2)
  1. F1. In the form of restricted stock units, which are convertible into common stock on a one-for-one basis and vest 100% on the 1st anniversary.
  2. F2. 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 (1-year vesting) 2,827 units Award to Chief Strategy Officer on September 9, 2026; vests 100% on first anniversary
Restricted stock units granted (3-year vesting) 2,073 units Award to Chief Strategy Officer on September 9, 2026; vests ratably over three years
Total restricted stock units awarded 4,900 units Sum of two grants to Chief Strategy Officer on September 9, 2026
Award price per share $0.00 per unit Reported transaction price for both restricted stock unit grants
Conversion ratio 1.0 Each restricted stock unit is convertible into one share of common stock
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 100% on the 1st anniversary financial
"and vest 100% on the 1st anniversary."
vest ratably over 3 years financial
"and vest ratably over 3 years."
one-for-one basis financial
"which are convertible into common stock on a one-for-one basis"

FAQ

What equity awards did ADP (ADP) grant to Chief Strategy Officer Vishwas Sugla?

Vishwas Sugla received 2,827 restricted stock units vesting 100% on the first anniversary and 2,073 restricted stock units vesting ratably over three years, each convertible into common stock on a one-for-one basis.

When were the new equity awards to ADP’s Chief Strategy Officer granted?

The two restricted stock unit awards to ADP Chief Strategy Officer Vishwas Sugla were granted on September 9, 2026, according to the Form 4 filing.

How do the 2,827 ADP restricted stock units granted to the CSO vest?

The 2,827 restricted stock units granted to ADP’s Chief Strategy Officer vest 100% on the first anniversary of the grant date and are convertible into common stock on a one-for-one basis.

What is the vesting schedule for the 2,073 ADP restricted stock units granted to the CSO?

The 2,073 restricted stock units granted to ADP’s Chief Strategy Officer vest ratably over three years and are convertible into common stock on a one-for-one basis.

Were the ADP equity awards to the CSO made under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, so no Rule 10b5-1 plan is reported in connection with these awards.

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*
Sugla Vishwas

(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)
Chief Strategy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026
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 Stock09/09/2026A2,827(1)A$0.00002,827D
Common Stock09/09/2026A2,073(2)A$0.00004,900D
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 100% on the 1st anniversary.
2. 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)09/10/2026
** 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)

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