Item 5. Other Information
Item 5. Other Information
During the fiscal quarter ended September 30, 2025, our executive officers and directors adopted the following trading arrangements that are intended to satisfy the affirmative defense of Rule 10b5-1(c).
Name & Title Date of Adoption Duration of Trading Arrangement The maximum number of securities to be sold pursuant to the trading arrangement (1)
Maria Black ,
President and Chief Executive Officer
September 4, 2025
January 2, 2026 – December 31, 2026
57,214
Michael Bonarti ,
Chief Administrative Officer
September 4, 2025
February 3, 2026 – December 31, 2026
20,805
Christopher D’Ambrosio ,
Chief Strategy Officer
September 8, 2025
January 2, 2026 – December 31, 2026
6,202
Joseph DeSilva ,
Executive Vice President, North America and Chief of Operations
September 4, 2025
January 2, 2026 – December 31, 2026
14,225
David Foskett ,
President, Global Sales
September 8, 2025
February 5, 2026 – December 31, 2026
3,054
Peter Hadley ,
Chief Financial Officer
September 4, 2025
January 2, 2026 – December 31, 2026
1,487
Sreeni Kutam ,
President, Global Product and Innovation
September 4, 2025
January 2, 2026 – December 31, 2026
13,364
David Kwon ,
Chief Legal Officer/General Counsel
September 4, 2025
January 2, 2026 – December 31, 2026
5,116
Jonathan Lehberger ,
Corporate Controller
September 4, 2025
January 2, 2026 – December 31, 2026
2,545
Virginia Magliulo ,
Executive Vice President, Employer Services International
September 8, 2025
January 12, 2026 – December 31, 2026
5,235
Brian Michaud ,
Executive Vice President, Smart Compliance Solutions & Human Resources Outsourcing
September 9, 2025
January 2, 2026 – December 31, 2026
10,785
Carlos Rodriguez ,
Director
September 4, 2025
September 4, 2025
January 6, 2026 – June 30, 2026
September 2, 2026 – December 31, 2026
13,813 (2)
24,651
(1) Securities reported in this column reflect options, restricted stock units (“RSUs”), performance-based stock units (“PSUs”) and shares of common stock, as appropriate. In the case of RSUs, quantities included in this column reflect the full amount of RSUs as reported in an officer’s respective plan and do not reflect the impact of tax withholding which will not be determined until the RSUs vest. In the case of PSUs (which have a three-year performance period), quantities included in this column reflect the application of performance factors at target and the inclusion of accrued dividend equivalents through the date of adoption of the trading arrangement. The PSU amounts do not reflect the impact of tax withholding which will not be determined until the PSUs vest. In addition, securities reported in this column include securities subject to limit orders and such orders may not fill if limit order conditions are not met.
(2) Indirect shares held by trust.
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Item 6. Exhibits
Exhibit Number Exhibit
31.1
Certification by Maria Black pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934
31.2
Certification by Peter Hadley pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934
32.1
Certification by Maria Black pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2
Certification by Peter Hadley pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
101.SCH Inline XBRL Taxonomy Extension Schema
101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase
101.LAB Inline XBRL Taxonomy Label Linkbase
101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase
101.DEF Inline XBRL Taxonomy Extension Definition Document
104 Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
AUTOMATIC DATA PROCESSING, INC.
(Registrant)
Date: October 31, 2025 /s/ Peter Hadley
Peter Hadley
Chief Financial Officer
(Title)
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.