ADP Corp. VP Christopher D'Ambrosio Receives 2,601-Share Award

What Happened
Christopher D'Ambrosio, Corporate Vice President at Automatic Data Processing, received an award/grant of 2,601.218 shares on August 5, 2026. The transaction is reported on a Form 4 as an acquisition by award (transaction code A) with an acquisition price of $0.00.

Key Details

• Transaction date: 2026-08-05; Form 4 filed: 2026-08-06 (filed next day — appears timely).
• Transaction type/code: Award/Grant (A).
• Shares awarded: 2,601.218 shares; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the details provided here — check the full Form 4 for the insider's post-transaction holdings.
• No 10b5-1, tax-withholding, or sale/transfer footnotes provided in the supplied summary.

Context

• An award at $0 typically reflects a company grant (e.g., restricted stock or performance-based shares) rather than an open-market purchase; the $0 is the reported acquisition price on the Form 4, not a market value.
• Grants are routine for executive compensation and do not by themselves indicate a buy or sell decision by the insider. For complete context (vesting schedule, fair value, and total holdings), consult the full Form 4 and the company's proxy/compensation disclosures.