ADP grants CMO 1,163 RSUs, withholds shares
ADP’s Chief Marketing Officer received new restricted stock units while a spouse-held account delivered shares to cover exercise price or tax obligations.
Rhea-AI Filing Summary
AUTOMATIC DATA PROCESSING INC (ADP) reported that Chief Marketing Officer Samantha D. Orihuela received an equity award on September 1, 2026. She acquired 1,163 restricted stock units, each convertible into one share of common stock, which vest ratably over three years, bringing her directly held common stock to 6,454 shares after the award.
On the same date, an account held by her spouse delivered or withheld 154.127 shares of common stock at $283.49 per share for payment of exercise price or tax liability, leaving 295.873 shares held indirectly. No transactions are reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,163 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 154.127 | $283.49 | $44K |
Footnotes (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.
Key Figures
Key Terms
restricted stock units financial
vest ratably financial
exercise price or tax liability financial
FAQ
What equity award did ADP (ADP) grant to Chief Marketing Officer Samantha Orihuela?
Were the reported ADP (ADP) transactions made under a Rule 10b5-1 trading plan?
How do the restricted stock units for ADP (ADP) vest for Samantha Orihuela?
AI-generated analysis. How Rhea-AI works. Not financial advice.