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ADP Officer Joseph DeSilva Files Form 144 to Sell $1.84M in Common Stock

Low SignificanceSeptember 2, 2026 at 3:43:49 PM UTC

AUTOMATIC DATA PROCESSING INC

$ADP144CIK: 0000008670

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Filing Summary

Form 144 Notice of Proposed Sale of Securities Issuer: AUTOMATIC DATA PROCESSING INC ($ADP) Insider: Joseph DeSilva (Officer) Shares Proposed for Sale: 6,512 Aggregate Market Value: $1,842,896.00 Approximate Sale Date: September 2, 2026 Trading Plan: Rule 10b5-1 Plan adopted on September 3, 2025 Nature of Acquisition: Restricted Stock Vesting on September 1, 2026

Comprehensive Analysis

Executive Summary

On September 2, 2026, Joseph DeSilva, an Officer at Automatic Data Processing, Inc. ($ADP), filed Form 144 indicating a proposed sale of 6,512 shares of common stock with an estimated aggregate market value of $1,842,896.00 (~$283.00 per share).

Transaction Details

  • Filer: Joseph DeSilva
  • Relationship: Officer
  • Security: Common Stock
  • Proposed Sale Volume: 6,512 shares
  • Broker: Fidelity Brokerage Services LLC
  • Approximate Sale Date: September 2, 2026
  • Acquisition Origin: The shares were acquired on September 1, 2026, via restricted stock unit (RSU) vesting as compensation.

Trading Significance

  • Significance Level: Low
  • Context & Rule 10b5-1 Plan: The proposed sale is executed pursuant to a pre-scheduled Rule 10b5-1 trading plan adopted on September 3, 2025. Given that this is a routine equity compensation disposition following RSU vesting under an established trading plan, it does not typically reflect a shift in insider sentiment regarding ADP's operational outlook.
Topics:#ADP#Form144#InsiderSelling#ExecutiveCompensation#StockMarket

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