Foskett David 4

What Happened David Foskett, Corporate Vice President at Automatic Data Processing (ADP), disposed of 266 shares in a sale reported on Feb 5, 2026. The shares were sold at $237.00 each for a total of $63,042. This was a sale (not a purchase), and the filing indicates the trades were made under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-02-05
• Transaction type/code: Sale (S) — reported as "open market or private sale"; price $237.00; 266 shares; proceeds $63,042
• Filing date: 2026-02-09 (filed within required timeframe — timely)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025

Context Sales under 10b5-1 plans are pre-arranged and often routine, so they do not necessarily signal a change in the insider's view of the company. For retail investors, purchases tend to be more informative about insider confidence; routine sales like this are common for diversification or liquidity needs.