STOCK TITAN

ADP insider Lehberger gets 658 RSUs, sells 442.354 shares — Form 4 details

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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 Lehberger Jonathan S
Role Corp. VP
Type Security Shares Price Value
Tax Withholding Common Stock 442.354 $304.05 $134K
Grant/Award Common Stock 658 $0.00 --
Holdings After Transaction: Common Stock — 4,488.108 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED 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*
Lehberger Jonathan S

(Last) (First) (Middle)
ONE ADP BOULEVARD

(Street)
ROSELAND NJ 07068

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AUTOMATIC DATA PROCESSING INC [ ADP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Corp. VP
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 09/01/2025 A 658(1) A $0.0000 4,930.4619 D
Common Stock 09/02/2025 F 442.354 D $304.05 4,488.1079 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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) 09/03/2025
** Signature of Reporting Person Date
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.

FAQ

Who filed the Form 4 for ADP (Automatic Data Processing)?

The report was filed for Jonathan S. Lehberger, who is identified as a Corporate Vice President of Automatic Data Processing.

What equity was acquired by the reporting person on 09/01/2025?

The filing shows acquisition of 658 restricted stock units (RSUs) on 09/01/2025 at a price of $0.0000.

How many shares did the reporting person sell and at what price?

On 09/02/2025 the reporting person disposed of 442.354 shares at a price of $304.05 per share.

What is the reported beneficial ownership after these transactions?

Following the transactions, beneficial ownership is reported as 4,488.1079 shares.

Do the RSUs have vesting terms disclosed in the Form 4?

Yes, the RSUs are stated to vest ratably over three years and convert one-for-one into common stock.

Who signed the Form 4 and when?

The form is signed by David Kwon (POA on File) with the signature date of 09/03/2025.