ADP CEO Maria Black Receives 44,859-Share Award

What Happened Maria Black, President & CEO of Automatic Data Processing Inc. (ADP), received an award/grant of 44,859.292 shares on August 5, 2026. The Form 4 reports the acquisition as type "A" (award/grant) at an acquisition price of $0.00, so the immediate cash outlay reported is $0.

Key Details

• Transaction date: 2026-08-05; Form 4 filed: 2026-08-06 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 44,859.292 shares.
• Acquisition price: $0.00 (total reported cash value $0).
• Shares owned after transaction: not specified in the provided filing summary.
• No 10b5-1 plan, tax withholding, or other footnotes were indicated in the provided summary.

Context The filing classifies this as an award/grant (commonly RSUs or performance-based shares), which is an acquisition but not an open-market purchase. Awards do not necessarily signal near-term buying or selling intent; they are typically compensation-related. This Form 4 was filed one day after the transaction date, consistent with timely reporting.