Foskett David 4

What Happened David Foskett, Corporate Vice President at Automatic Data Processing, had 585.656 shares disposed on January 30, 2026 as a tax-withholding transaction (code F). The shares were valued at $246.82 each, for a total of about $144,552. This was a withholding to satisfy a tax obligation (not an open-market sale) and is typically a routine result of option exercise or share vesting.

Key Details

• Transaction date: 2026-01-30; Price per share: $246.82; Shares withheld/disposed: 585.656; Total value: ~$144,552.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after the transaction: not specified in the supplied filing.
• Filing date: 2026-02-03 — filed within the normal Form 4 reporting window (timely).

Context Code F transactions generally reflect tax withholding after an option exercise or restricted share vesting (a form of cashless settlement) rather than an intentional sale for investment purposes. Such withholdings are routine and do not necessarily indicate an insider's view on the company's outlook; purchases are usually more informative about insider sentiment.