ADP Chief Strategy Officer Granted 4,900 Restricted Stock Units
AUTOMATIC DATA PROCESSING INC
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Filing Summary
ADP Insider Filing Alert Insider: Vishwas Sugla (Chief Strategy Officer) Transaction: Grant of 4,900 Restricted Stock Units ($0.00 per share) Post-Transaction Holdings: 4,900 direct shares Significance: Low (Routine Equity Grant)
Comprehensive Analysis
Executive Summary
On September 9, 2026, Vishwas Sugla, Chief Strategy Officer of Automatic Data Processing, Inc. ($ADP), received an equity grant totaling 4,900 Restricted Stock Units (RSUs) of Common Stock at $0.00 per share.
Transaction Breakdown
- Grant 1: 2,827 RSUs convertible into common stock on a 1:1 basis, vesting 100% on the first anniversary of the grant date.
- Grant 2: 2,073 RSUs convertible into common stock on a 1:1 basis, vesting ratably over three years.
- Total Consideration: $0 (Standard compensation/equity award).
- Beneficial Ownership Post-Transaction: 4,900 shares directly held.
Market Impact & Significance
This transaction represents standard executive compensation in the form of RSU grants subject to multi-year time-based vesting. Because this is an equity award rather than an open-market purchase or sale, its market signaling impact is classified as Low.
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