D'Ambrosio Christopher 4
Research Summary
AI-generated summary
Automatic Data Processing (ADP) Corp. VP Christopher D'Ambrosio Sells 543 Shares
What Happened
- Christopher D'Ambrosio, a Corporate Vice President at Automatic Data Processing, sold 543 shares of ADP in an open-market transaction on February 17, 2026.
- The shares were disposed at $212.43 each, for a total value of approximately $115,349. This was a sale (not a purchase or award).
Key Details
- Transaction date and price: 2026-02-17 — 543 shares sold at $212.43 per share.
- Total proceeds: ~$115,349.
- Shares owned after transaction: not specified in the provided Form 4 excerpt.
- Footnote: The sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person in September 2025 (pre‑planned trading).
- Filing: Form 4 filed 2026-02-18 for a reportable transaction on 2026-02-17; no late-filing flag indicated in the provided data.
Context
- Sales under 10b5-1 plans are pre-arranged and typically routine, so they do not necessarily signal a change in the insider’s view of the company.
- For retail investors, purchases are often more informative about insider conviction; this transaction is a routine sale under a pre-existing plan.