Rodriguez Carlos A

ADP director Rodriguez sells 4,086 shares across 12 transactions (2025-09-11/12) for $1.2M; current price $290.87 vs. blended sale average $295.26.

Director Carlos A Rodriguez executed 12 separate sales totaling 4,086 shares for $1,206,425.25 on September 11–12, 2025, at prices ranging from $293.04 to $298.58, for a blended average of $295.26. This represents a 16.1% reduction from his pre-transaction holdings of 25,361 shares. The current stock price of $290.87 is 11.0% below the 52-week high of $326.81 and has declined 3.6% over the past 30 days and 5.4% over 90 days. Rodriguez's same-ticker history shows 5 prior sells at ADP, including 4 additional sales on September 10, 2025 (the day immediately preceding this filing), though outcome measurement for these recent trades is not yet available. His cross-ticker track record spans 20 prior open-market sells across multiple tickers. Given ADP's strong fundamentals (P/E of 27.24, revenue growth of 7.1%, net income of $1,249,500,000.00), the transaction reflects a substantial reduction in a single director's exposure rather than a signal of deteriorating business conditions.

ADP director Rodriguez sold 43,900 shares for $12,952,553.37 across 10 transactions on 2025-09-09/10, reducing holdings 63.4%.

Rodriguez Carlos A executed 10 separate sales totaling 43,900 shares for $12,952,553.37, reducing his ADP holdings from 69,261 shares to 25,361 shares—a 63.4% reduction. The sales occurred over two trading days at prices ranging from $290.98 to $298.32, with a blended average price of $295.05, near the current market price of $298.03. This substantial liquidation occurred while ADP trades at a P/E of 27.91 and has delivered +7.1% annual revenue growth on a market cap of $120.7B, suggesting the sale reflects portfolio decisions rather than fundamental deterioration. The timing relative to ADP's current price level and his prior trading history will be measurable only when subsequent 30- and 90-day returns become available.

ADP Director Carlos Rodriguez sold 12,056 shares for $3.6M across 9 transactions on 2025-09-05

Director Carlos A Rodriguez executed 9 separate sales totaling 12,056 shares for $3,582,031.95 at prices ranging from $294.32 to $302.45, representing a 32.2% reduction in his post-transaction holdings to 25,361 shares. The blended average transaction price of $297.12 sits near the current price of $298.43, and notably follows a pattern of five consecutive sell transactions on 2025-09-04 (the prior day), suggesting a sustained reduction in position rather than a single discretionary trade decision. With ADP trading at -8.7% from its 52-week high and his cross-ticker track record showing 0.00% well-timed rate on 20 prior sells (averaging +4.4% 30d and +8.9% 90d returns), there is no demonstrated pattern of selling ahead of declines; this large liquidation warrants observation against subsequent price movements to assess timing.

ADP Director Rodriguez sold 23.4K shares for $7.0M over two days at $295–$301 range; exits 38.5% of holdings.

Director Carlos A. Rodriguez executed 9 separate sales totaling 23,402 shares for $7,004,406.41 across September 3–4, 2025, reducing his ADP holdings from 60,819 shares to 37,417 shares—a 38.5% reduction. The sales occurred at prices ranging from $296.36 to $301.29 per share (blended average $299.31), while the stock currently trades at $295.97, positioning the sales near the top of the 52-week range ($269.56–$326.81) and 9.4% below the 52-week high. The scale and concentration of this sale—nearly 40% of holdings liquidated in two trading days—represents a material reduction in insider exposure and occurs in a stock that has declined 9.4% over 90 days, though the historical record shows this insider's cross-ticker sales have averaged a positive 90-day return of 8.9%, suggesting his prior timing at other securities has not been accurate at detecting declines before they occur.

Director Rodriguez sells 43,899 shares for $12.2M across 8 transactions, reducing ADP holdings by 54.4%

Rodriguez Carlos A, a Director at Automatic Data Processing Inc (ADP), executed 8 separate sales totaling 43,899 shares for $12,171,743.50 on September 12–13, 2024, at prices ranging from $274.49 to $278.39. The sales reduced his holdings from 80,640 shares to 36,741 shares, representing a 54.4% reduction in his pre-transaction position. The blended average sale price of $277.27 occurred near ADP's 52-week high of $279.26 (within -0.2%), and the stock has risen 5.5% and 14.0% over the prior 30 and 90 days respectively. With a P/E of 28.11 and market cap of $113.6B, ADP trades at elevated valuation. The filing shows Rodriguez initiated a separate block of sells on September 11 (5 prior trades at this ticker within the same period), extending his divestiture activity. The scale and timing of this multi-day liquidation—executed near recent highs on a well-performing stock—warrants investor scrutiny of whether broader portfolio or liquidity considerations are driving the sales.

ADP director Rodriguez sells 58.9K shares ($16.3M) over two days at $276.33 avg; reduces stake 61.6%

Director Carlos A Rodriguez executed 11 separate sales totaling 58,865 shares for $16,265,899.09 on September 10–11, 2024, reducing his ADP holdings from 95,606 shares to 36,741 shares—a 61.6% reduction. The sales occurred at prices ranging from $272.45 to $279.11, with a blended average of $276.33, near the current price of $278.40 and just 0.3% below the 52-week high of $279.26. The timing of this large, multi-tranche liquidation coincides with ADP trading near all-time highs following a +6.3% 30-day rally and +14.8% 90-day gain. While Rodriguez's cross-ticker track record shows 20 prior sales with an average 30-day return of +5.1%, his 5 prior trades at ADP (all sells on September 12) remain unmeasurable in outcome, providing no pattern evidence specific to this ticker. The magnitude of the stake reduction and the execution across multiple price points at peak valuations merit investor attention.

Director Rodriguez sells 9,203 shares for $2,479,782.72 across 4 transactions on 2024-09-06

Carlos A Rodriguez, a Director at ADP, executed 4 separate sales totaling 9,203 shares for $2,479,782.72 with a blended average price of $269.45, reducing his holdings by 20.0% from 45,944 to 36,741 shares. The sales occurred at prices ranging from $268.75 to $270.96, just below the current price of $275.59 and near the 52-week high of $275.91. Rodriguez has a history of 5 prior trades at ADP, all sells, all executed consecutively on 2024-09-04 and 2024-09-05 (the day before this filing), suggesting a concentrated execution pattern. His cross-ticker track record shows 20 prior sells with an average 30-day return of +5.4%, though the timing quality of those sales cannot yet be assessed for this specific transaction.

Director Rodriguez sells 17,862 shares in 8 transactions totaling $4,873,037.57 at ADP

Director Carlos A Rodriguez executed 8 separate sales totaling 17,862 shares for $4,873,037.57 across two days (September 4–5, 2024), reducing his holdings by 28.0% to 45,944 shares post-transaction. The blended average sale price of $272.82 occurred when ADP traded near its 52-week range, with the stock currently at $269.56 (within 2.3% of the 52-week high). His cross-ticker track record shows 20 prior sales with an average 30-day return of +5.4%, indicating his prior open-market exits have generally not preceded near-term downturns. At the ticker-specific level, Rodriguez has completed 5 prior ADP trades, including a sale on 2024-08-01 that showed a +5.2% 30-day return; the four most recent ADP sales (on 2024-09-06) have insufficient time to measure outcomes. This filing represents a substantial reduction in direct ownership concentration rather than liquidation of his entire position.

Executive Chair Rodriguez sells 87,798 shares for $22.9M at ADP on 2024-08-01, reducing stake by 68.3% to 40,756 shares

Rodriguez Carlos A, Executive Chair, executed 16 separate sales totaling 87,798 shares for $22,916,870.36 on 2024-08-01, reducing his holdings from 128,554 to 40,756 shares. The transaction prices ranged from $260.41 to $263.48 with a blended average of $261.02, occurring at the 52-week high of $263.52. His prior five trades at ADP all occurred in September 2023 and all showed negative 90-day returns (ranging from -5.8% to -7.8%), establishing a 100% well-timed selling pattern at this ticker. The current sale occurs after a +11.2% 30-day and +8.9% 90-day price advance, marking a substantial reduction in his equity stake at elevated valuation levels relative to the company's P/E of 29.15 and recent 9.2% annual revenue growth.