Form 4: ADP Corp VP Sells Shares Under 10b5-1 Plan

Automatic Data Processing Inc.'s Corporate VP, David Foskett, sold 266 shares of common stock for $237 per share under a pre-arranged 10b5-1 trading plan.

Summary

• David Foskett, Corporate VP at Automatic Data Processing Inc. (ADP), sold 266 shares of ADP common stock.
• The transaction occurred on February 5, 2026, at a price of $237 per share.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Foskett in September 2025.
• Following this transaction, Mr. Foskett beneficially owns 10,953.5209 shares of ADP common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine insider transaction under a pre-arranged 10b5-1 plan, which typically does not signal new information about the company's prospects.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those executed under Rule 10b5-1 plans, are common occurrences in the financial industry. These plans allow insiders to sell a predetermined number of shares at a predetermined time or price, helping to mitigate concerns about trading on material non-public information.

Related Party Transactions

• David Foskett, a Corporate VP of Automatic Data Processing Inc., sold 266 shares of the company's common stock for $237 per share.

Stakeholder Impact

• Shareholders: The sale by a Corporate VP, even under a 10b5-1 plan, might be viewed by some as a slight negative signal, though its impact is generally minimal given the planned nature and relatively small number of shares compared to total outstanding shares.

Key Dates

Keywords

Automatic Data Processing, ADP, Insider Trading, Form 4, Stock Sale, David Foskett, 10b5-1 Plan, Corporate VP