ADP Officer Files Form 144 to Sell $530K in Common Stock
AUTOMATIC DATA PROCESSING INC
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Filing Summary
Form 144 Filing Alert: AUTOMATIC DATA PROCESSING INC ($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.
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