ADP VP Jonathan Lehberger Receives RSU Award; Shares Withheld

What Happened Jonathan S. Lehberger, Corporate Vice President at Automatic Data Processing, received a grant of 903 restricted stock units (RSUs) on 2026-09-01. To satisfy tax withholding on the award, 406.397 shares were surrendered/disposed at $283.49 per share, totaling $115,209. The RSUs were reported as awards (code A) and the share withholding as tax payment (code F).

Key Details

• Insider: Jonathan S. Lehberger, Corporate Vice President (ADP).
• Transaction date: 2026-09-01; Filing date: 2026-09-03 (report period 2026-09-01).
• Award: 903 RSUs @ $0.00 (awarded, code A).
• Withholding/tax payment: 406.397 shares disposed @ $283.49 each = $115,209 (code F).
• Net shares received (after withholding): 903 − 406.397 = ~496.603 RSUs converted to shares.
• Shares owned after the transaction: not specified in the filing.
• Footnote: RSUs are convertible one-for-one into common stock and vest ratably over 3 years.

Context This appears to be a routine RSU grant with shares withheld to cover tax obligations rather than an open‑market sale. Such withholding is a standard administrative step and not necessarily a market sentiment indicator. No late filing is indicated in the reported information.