ADP insider Lehberger gets 658 RSUs, sells 442.354 shares — Form 4 details
Rhea-AI Filing Summary
Jonathan S. Lehberger, Corporate Vice President at Automatic Data Processing, reported two transactions in Form 4. On 09/01/2025 he was granted 658 restricted stock units (RSUs) issued at $0.0000 that convert one-for-one into common stock and vest ratably over three years, bringing his total beneficial ownership to 4,930.4619 shares. On 09/02/2025 he disposed of 442.354 shares at $304.05, leaving 4,488.1079 shares beneficially owned. The Form is signed by a power of attorney, David Kwon, dated 09/03/2025.
Positive
- 658 restricted stock units granted at $0.0000, explicitly convertible one-for-one into common stock
- Post-grant beneficial ownership reported at 4,930.4619 shares following the RSU grant
Negative
- Disposition of 442.354 shares on 09/02/2025 at $304.05, reducing beneficial ownership to 4,488.1079 shares
Insights
TL;DR: Routine insider compensation and sale; no new material corporate developments disclosed.
The filing shows a standard restricted stock unit grant of 658 RSUs that vest over three years and a separate sale of 442.354 shares at $304.05. These items reflect an executive equity award and a subsequent disposition; the filing does not disclose reasons for the sale or any change to company guidance or financials. For investors, this is a disclosure of insider activity rather than a material operational update.
TL;DR: Transactions are compliant Form 4 disclosures showing compensation delivery and a reported sale via POA.
The report identifies Lehberger as a Corp. VP and includes a POA signature by David Kwon dated 09/03/2025. The RSUs are described explicitly as convertible one-for-one and vest ratably over three years, meeting disclosure requirements. The filing contains no indication of trading plan adoption or Rule 10b5-1 specifics. Documentation appears limited to the required transaction details.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 442.354 | $304.05 | $134K |
| Grant/Award | Common Stock | 658 | $0.00 | -- |
Footnotes (1)
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