ā Back to All Filings
ADP Executive VP Joseph DeSilva Sells 631 Shares Under Rule 10b5-1 Plan
AUTOMATIC DATA PROCESSING INC
$ADP4CIK: 0000008670
Subscribe to track ADP
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
š **SEC Form 4 Filing Summary**
ā¢ **Company:** Automatic Data Processing Inc ($ADP)
ā¢ **Insider:** Joseph DeSilva (Executive VP)
ā¢ **Transaction:** Sold 631 shares @ $282.87
ā¢ **Total Value:** $178,490.97
ā¢ **Remaining Holdings:** 18,824.19 shares
ā¢ **Plan Type:** Rule 10b5-1 Plan (Adopted Sept 2025)
ā¢ **Significance:** Low
Comprehensive Analysis
Insider Transaction Overview
On September 3, 2026, Automatic Data Processing Inc ($ADP) Executive Vice President Joseph DeSilva reported the sale of 631 shares of Common Stock at an average price of $282.87 per share, generating total proceeds of approximately $178,490.97.
Key Details
- Role of Reporting Person: Executive VP
- Transaction Nature: Open market sale (Transaction Code
S) - Pre-Scheduled Trading Plan: The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan established in September 2025.
- Post-Transaction Holdings: Following the transaction, Joseph DeSilva directly retains 18,824.188 shares of ADP common stock.
Market & Significance Impact
- Significance Level: Low
- Analysis: This transaction represents a minor reduction (approximately 3.2%) in the executive's direct equity holdings. Because the sale was executed under an affirmative Rule 10b5-1 trading plan adopted a year prior, it does not reflect discretionary timing or opportunistic sentiment regarding near-term business performance.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.