4Filed Aug 5, 8:00 PM ET
ADP EVP Joseph DeSilva Receives 10,902.584-Share Award
$ADP · AUTOMATIC DATA PROCESSING INCResearch Summary
AI-generated summary of this SEC filing
ADP EVP Joseph DeSilva Receives 10,902.584-Share Award
What Happened
Joseph DeSilva, Executive Vice President of Automatic Data Processing, received 10,902.584 shares as an award (transaction code A) on August 5, 2026. The shares were granted at $0.00 per share (total cash paid $0), indicating a compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-05 (Period of Report); Form 4 filed 2026-08-06.
- Transaction type/code: Award/Grant (A).
- Shares acquired: 10,902.584; price per share reported: $0.00; total cash paid: $0.
- Shares owned after transaction: not specified in the filing.
- No footnotes, 10b5-1 plan, or tax-withholding (F) indication shown in the reported transaction.
- Filing timing: Form filed the day after the transaction; no late filing flag noted.
Context
This is a compensation grant (commonly RSUs or restricted shares) and not a market purchase — such awards are routine for executive pay and do not by themselves signal buying or selling intent. Watch future filings for vesting events or subsequent sales, which can provide clearer evidence of insider sentiment.