ADP Officer Files Form 144 to Sell $530K in Common Stock
AUTOMATIC DATA PROCESSING INC
Subscribe to track ADP
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Form 144 Filing Alert: AUTOMATIC DATA PROCESSING INC ($ADP)
Insider: Christopher D'Ambrosio (Officer) Proposed Sale: 1,872 shares of Common Stock Estimated Value: $529,776.00 (~$283.00/share) Approximate Sale Date: September 2, 2026 Plan Adoption Date: September 7, 2025 (Rule 10b5-1) Acquisition: Restricted Stock Vesting (09/01/2026)
Comprehensive Analysis
Executive Summary
On September 2, 2026, Christopher D'Ambrosio, an Officer at Automatic Data Processing, Inc. (ADP), submitted a Form 144 notice proposing the sale of 1,872 shares of ADP common stock with an aggregate market value of approximately $529,776.00.
Key Transaction Highlights
- Securities to be Sold: 1,872 Common shares.
- Aggregate Market Value: $529,776.00 (~$283.00 per share).
- Source of Shares: Restricted Stock Vesting on September 1, 2026 (1,872 shares acquired as compensation from the issuer).
- Broker: Fidelity Brokerage Services LLC.
- Trading Plan: The proposed sale is executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on September 7, 2025.
Impact & Significance
This filing represents a routine post-vesting disposition under a Rule 10b5-1 plan established nearly a year in advance. Given the modest transaction volume relative to ADP's 397+ million outstanding shares and the pre-scheduled nature of the sale, the trading significance is considered Low.
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.