Form 4: ADP Executive Lehberger Reports Stock Transactions
SEC Form 4 Filing
Jonathan S. Lehberger, a Corporate Vice President at Automatic Data Processing Inc (ADP), reported the acquisition and disposal of company stock.
Summary
- On September 1, 2024, Jonathan S. Lehberger acquired 430 shares of ADP common stock at a price of $0.0000.
- These shares were in the form of restricted stock units, vesting ratably over 3 years and convertible to common stock on a one-for-one basis.
- On September 3, 2024, Lehberger disposed of 236 shares of common stock at a price of $275.91.
- Following these transactions, Lehberger directly owns 5,386.6809 shares of ADP common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 09/01/2024 | Acquisition of 430 shares of ADP common stock in the form of restricted stock units. |
| 09/03/2024 | Disposal of 236 shares of ADP common stock at $275.91 per share. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
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