RHODES WILLIAM C III

Executive Chairman Rhodes sells 27.5K shares for $102.0M, reducing stake from 36.0K to 8.5K shares (-76.3%)

William C. Rhodes III, Executive Chairman of AutoZone, executed 18 separate sales on 2025-06-10 totaling 27,500 shares for $101,995,724.01, at a blended average price of $3,708.93 per share. This represents a dramatic reduction in his holding position from 36.0K shares to 8.5K shares, a -76.3% net reduction. The current stock price of $3,683.47 is -5.1% from the 52-week high of $3,880.15, and his prior sales at AutoZone over five transactions in October 2024 produced an average 90-day return of +6.2%, indicating those earlier sells were not well-timed (stock rose after). The massive dollar volume and concentrated execution on a single day, combined with the elimination of three-quarters of his shareholding, represents a material reduction in executive-level exposure to the company.

Executive Chairman Rhodes sells 13,000 AZO shares for $40.4M across 26 transactions on 2024-10-10, reducing stake by 48.4%

On 2024-10-10, William C Rhodes III, Executive Chairman of AutoZone, executed 26 separate sales totaling 13,000 shares for $40,392,888.29 at prices ranging from $3,089.46 to $3,140.59, with a blended average of $3,107.15. This transaction reduced his holdings from 26,857 shares to 13,857 shares, representing a 48.4% reduction in his pre-transaction position. The substantial scale of the sale—executed through multiple tranches across a single trading day—represents the largest single-filing disposal by this insider in his cross-ticker track record. With the stock currently trading at $3,129.78, slightly below the recent 52-week high of $3,239.32, the sales occurred near elevated price levels. The company's fundamentals remain solid (P/E 20.37, annual revenue growth +7.4%, $1.9B quarterly revenue), though the magnitude of the insider's stake reduction warrants investor attention given his Executive Chairman position.

Executive Chairman Rhodes sells 11,065 shares for $39.1M across 29 transactions, reducing stake by 40.9%

William C Rhodes III, Executive Chairman of AutoZone, executed 29 separate sales totaling 11,065 shares for $39,133,663.65 on 2024-10-02, reducing his holdings from 27,057 shares to 15,992 shares—a 40.9% reduction in his pre-transaction stake. The blended average price of $3,536.71 across these transactions compares favorably to the current price of $3033.58 and the 52-week high of $3239.32, indicating execution during a period near the upper range of recent valuations. Rhodes' prior trades at AZO show a 100% well-timed rate at the 90-day mark for 2 measurable prior sells (both posting negative 90-day returns), suggesting pattern consistency; however, this current filing's outcome is not yet measurable. This large, multi-tranche liquidation—reducing the Executive Chairman's stake by over two-fifths—merits close observation given the magnitude and the nature of the seller's role in corporate governance.

AutoZone Executive Chairman Rhodes sells 2,435 shares for $7,563,047.07, reducing holdings by 98.0% to 50 shares

William C Rhodes III, Executive Chairman of AutoZone, executed 3 separate sales totaling 2,435 shares for $7,563,047.07 on October 2–3, 2024, at prices ranging from $3,075.20 to $3,110.64 per share. This represents a -98.0% reduction in his holdings, leaving only 50 shares post-transaction compared to 2,485 shares before. The sales occurred when AZO was trading -6.4% below its 52-week high of $3,239.32 and -4.2% down over the prior 30 days. With a cross-ticker track record of 20 prior sells, Rhodes has demonstrated consistent open-market selling behavior, though none of his prior same-ticker trades at AZO have yet posted measurable 90-day outcomes. The near-complete liquidation of an executive chairman's position is a structural change in insider ownership concentration and signals a material reduction in his direct financial stake in the company.