Automatic Data Processing Inc officer Virginia Magliulo filed a Form 144 notice of proposed sale on October 30, 2026, covering 2,927 shares of common stock with an aggregate market value of $859,659.90.

Key Highlights

  • Proposed seller: Virginia Magliulo, listed as an officer of Automatic Data Processing Inc
  • Shares proposed for sale: 2,927 shares of common stock, with an aggregate market value of $859,659.90
  • Source of shares: Two restricted stock vestings from the issuer - 781 shares acquired September 1, 2025, and 2,146 shares acquired September 1, 2026, both classified as compensation
  • Total shares outstanding: 397,262,737 shares of common stock, according to the filing
  • Broker: Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI 02917
  • Rule 10b5-1 plan: The filing indicates a plan adoption or instruction date of September 5, 2025
  • No prior sales: The filing reports nothing to report for securities sold during the past three months

Magliulo Restricted Stock Vesting Behind Proposed ADP Share Sale

According to the Form 144 filed with the U.S. Securities and Exchange Commission, Virginia Magliulo, an officer of Automatic Data Processing Inc (NASDAQ:ADP), notified the SEC of a proposed sale of 2,927 shares of the company's common stock. The notice is dated October 30, 2026, and lists an approximate sale date of October 30, 2026, to be executed through Fidelity Brokerage Services LLC.

The filing discloses that the shares proposed for sale originated from two separate restricted stock vesting transactions. The first vesting occurred on September 1, 2025, resulting in 781 shares acquired from the issuer as compensation. The second vesting occurred on September 1, 2026, yielding 2,146 shares, also acquired from the issuer as compensation. Both tranches are classified under the nature of acquisition as "Restricted Stock Vesting" with payment described as "Compensation."

The filing further discloses that Magliulo is relying on a Rule 10b5-1 plan, with the plan adoption or instruction date listed as September 5, 2025. The filing states that no securities of the issuer were sold during the past three months by the person for whose account the securities are to be sold. The proposed sale is to take place on the NASDAQ exchange, and the total shares of common stock outstanding are reported as 397,262,737.

What Was Disclosed

A Form 144 notice filed October 30, 2026, discloses that ADP officer Virginia Magliulo proposes to sell 2,927 common shares valued at $859,659.90, sourced from restricted stock vestings in 2025 and 2026, under an existing Rule 10b5-1 plan.