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ADP Officer Joseph DeSilva Files Form 144 to Sell $178K in Common Stock Under Rule 10b5-1

Low SignificanceSeptember 3, 2026 at 3:10:22 PM UTC

AUTOMATIC DATA PROCESSING INC

$ADP144CIK: 0000008670

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Filing Summary

Form 144 Filing Alert: AUTOMATIC DATA PROCESSING INC ($ADP)

Insider: Joseph DeSilva (Officer) Proposed Sale: 631 shares (~$178,490.97) Approx. Sale Date: 09/03/2026 Broker: Fidelity Brokerage Services LLC Plan Date: 09/03/2025 (Rule 10b5-1 Plan) Acquisition Source: Restricted Stock Vesting (09/01/2026)

Comprehensive Analysis

Insider Filing Analysis: Form 144 Summary

Automatic Data Processing, Inc. (NASDAQ: ADP) officer Joseph DeSilva has filed a Form 144 notice of proposed sale covering 631 shares of common stock with an aggregate market value of approximately $178,490.97 (implied price of ~$282.87 per share).

Key Details:

  • Filer: Joseph DeSilva, Officer
  • Shares to be Sold: 631 shares
  • Approximate Sale Date: September 3, 2026
  • Broker: Fidelity Brokerage Services LLC
  • Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on September 3, 2025.
  • Origin of Shares: Acquired on September 1, 2026, via restricted stock vesting as part of executive compensation.

Prior 3-Month Activity:

  • Sold 6,512 shares on September 2, 2026, for gross proceeds of $1,842,896.00.

Market Context & Significance:

  • Low Significance: The proposed transaction of 631 shares is modest relative to total shares outstanding (397,262,737 shares) and follows a pre-scheduled Rule 10b5-1 trading plan adopted a year prior, typically used for routine tax-withholding or diversification following equity vesting.
Topics:#ADP#Form144#InsiderTrading#StockMarket#CorporateInsiders

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