Foskett David sold $433K of ADP
Foskett David (Corp. VP) sold 1,529 shares of AUTOMATIC DATA PROCESSING INC (ADP) at $283.00 ($0.43M total) on 2026-09-02 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed sale is routine and unlikely to affect ADP's valuation.
Market read
Minor insider sale with limited market impact.
What to watch
Potential upcoming earnings or guidance could change the relevance of this sale.
Background
Form 4 filings disclose insider transactions; a 10b5-1 plan indicates pre-arranged sales.
Ticker impact
VP David Foskett sold 1,529 shares of ADP for $432,707 via a 10b5-1 plan.
minimal impact, potential short-term dip of <0.5%
Sale size is modest relative to ADP's market cap and insider holdings remain sizable.
Market effects
None
None
None
Counterpoint
Insider sale could signal concerns, but size is too small to warrant a trade.
Key entities
- OfficerDavid Foskett
Corporate VP at ADP who sold shares.



