Virginia Magliulo, Executive Vice President at Automatic Data Processing Inc, filed a Form 4 on November 6, 2026, disclosing the exercise of 852 stock options and the same-day sale of 852 shares of common stock on November 5, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Option exercise: Magliulo acquired 852 shares of common stock via a stock option exercise (transaction code M) at a conversion price of $206.86 per share on November 5, 2026.
  • Same-day sale: 852 shares were sold (transaction code S) at a price of $310.0059 per share on November 5, 2026.
  • Post-transaction ownership: Following the transactions, Magliulo directly beneficially owned 14,865.026 shares of common stock.
  • 10b5-1 plan: According to the filing, the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Magliulo in September 2025.
  • Option details: The exercised stock option had an expiration date of August 31, 2031, and became exercisable on September 1, 2022; zero options remain following the exercise.
  • Issuer: The issuer is identified as Automatic Data Processing Inc, trading on NASDAQ:ADP.

Magliulo's November 2026 Option Exercise and Share Sale at ADP

Virginia Magliulo, identified in the filing as an Executive Vice President of Automatic Data Processing Inc (NASDAQ:ADP), reported two transactions in Table I of the Form 4 covering November 5, 2026. First, she acquired 852 shares through the exercise of a stock option at a conversion price of $206.86 per share. Immediately following that acquisition, she disposed of the same 852 shares at a price of $310.0059 per share in an open-market sale.

The stock option that was exercised is detailed in Table II of the filing. It carried an exercise price of $206.86, had become exercisable on September 1, 2022, and was set to expire on August 31, 2031. Following the exercise, the filing reports that Magliulo holds 0.0000 derivative securities of this type. Prior to the option exercise, the filing indicates Magliulo held 15,717.026 shares directly; after both transactions, her direct beneficial ownership stood at 14,865.026 shares.

The filing notes in its explanation of responses that "the transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025." The form was signed by David Kwon under a power of attorney on file, and was filed on November 6, 2026. The box indicating a Rule 10b5-1(c) plan was checked on the cover of the form.

What Was Disclosed

Magliulo's Form 4 disclosed a same-day option exercise and sale of 852 ADP common shares on November 5, 2026, executed under a pre-established 10b5-1 trading plan adopted in September 2025, leaving her with 14,865.026 directly held shares.