Black Maria, President and CEO of two companies, has filed 64 Form 4 transactions with a clear sell-side bias. Across all filings, open-market sales total $17,775,630.42, while open-market purchases total zero. The only buys on record are compensation-related grants and awards, which carry no cash value. The recent activity, spanning January through September 2026, shows 19 open-market sales and no purchases.
The dominant ticker is ADP, where Maria executed 13 open-market sales on September 2, 2026, ranging from $59,751.35 to $2,974,142.38. Combined, those sales reached $7,764,148.32. A separate tax-withholding transaction on September 1, valued at $8,849,271.32, was coded F, meaning shares were automatically withheld to cover tax obligations on an equity grant. That same day, Maria received an award valued at $0, and another award followed on August 5. Earlier in the year, on January 5, Maria sold ADP shares in six transactions totaling $184,880.03, with individual values from $12,919.53 to $75,878.14.
The only other company in the filings is DAL, where Maria received a grant on June 18, 2026, valued at $0. An ADP transaction coded I on July 1, valued at $11,069.49, reflects a discretionary or inherited acquisition, not a market purchase. The pattern is consistent: Maria sells ADP stock on the open market in clusters, receives equity awards, and lets shares go to taxes. No open-market purchases appear anywhere in the filing history.
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