Form 4: ADP Executive Gifts Shares Under 10b5-1 Plan

Automatic Data Processing Executive VP Joseph DeSilva reported a gift of 78 shares of common stock under a Rule 10b5-1 plan.

Summary

• Joseph DeSilva, Executive VP of Automatic Data Processing Inc. (ADP), reported a transaction involving the disposition of common stock.
• The transaction, which occurred on January 2, 2026, was a gift of 78 shares of ADP Common Stock, indicated by a transaction price of $0.0000 and transaction code 'G'.
• This disposition was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. DeSilva in September 2025.
• Following this transaction, Mr. DeSilva directly beneficially owns 17,457.614 shares of ADP Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. A gift of shares is a disposition but not a sale, and the transaction was pre-planned under a 10b5-1 plan, indicating transparency rather than a reaction to new information.

Positives

• The transaction was executed under a Rule 10b5-1 trading plan, which enhances transparency and demonstrates pre-planned insider activity.

Negatives

• Executive VP Joseph DeSilva disposed of 78 shares of common stock, resulting in a minor reduction in direct insider ownership.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Stakeholder Impact

• Shareholders: A negligible reduction in direct insider ownership by an executive.

Key Dates

Keywords

ADP, Automatic Data Processing, Form 4, insider transaction, Joseph DeSilva, stock disposition, Rule 10b5-1