D'Ambrosio Christopher 4
Research Summary
AI-generated summary
ADP Corp. VP Christopher D'Ambrosio Sells 543 Shares
What Happened
Christopher D'Ambrosio, Corporate Vice President at Automatic Data Processing, sold 543 shares of ADP stock in an open-market transaction on April 14, 2026. The shares were sold at $195.74 each for a total proceeds of approximately $106,287. This was a sale (insider liquidity), not a purchase.
Key Details
- Transaction date and price: 2026-04-14 at $195.74 per share.
- Shares sold / value: 543 shares sold for about $106,287 total.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: Form 4 filed 2026-04-15 for the 2026-04-14 trade (timely; Form 4s must be filed within two business days).
- Footnote: The sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person in September 2025.
Context
The trade was made under a pre-established 10b5-1 plan, which typically authorizes scheduled trades and can limit the informational significance of the timing. Sales by insiders can reflect routine diversification or planned liquidity and do not by themselves indicate company performance.