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Form 144 | 自动数据处理(ADP.US)高管拟出售3.9万股股份,价值约1,169.25万美元

Form 144 | Automatic Data Processing(ADP.US) Officer Proposes to Sell 11.69 Million in Common Stocks

Futu News ·  Nov 7 01:02

SEC FILLINGS DISCLOSED/ Nov 6, $Automatic Data Processing (ADP.US)$ Officer KUTAM SREENIVASA intends to sell 38,975 shares of its common stock on Nov 6, with a total market value of approximately $11.69 million.

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What is Form 144?

Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). Individuals such as executive officers and affiliates of a US-listed company must submit this form to the SEC when they intend to sell more than 5,000 shares or units of that company's stock, or if the sale price adds up to more than $50,000 in any three-month period. This regulation is known as Rule 144, under the Securities Act of 1933.

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