AutoZone Form 144: Planned sale of 3,000 shares worth $11.6 M

Rhea-AI Filing Summary

AutoZone, Inc. (AZO) – Form 144 filing: An affiliate has filed notice to sell up to 3,000 common shares on or after 24-Jul-2025 through Fidelity Brokerage.

• Aggregate market value: $11.63 million, implying a price of roughly $3,876 per share.
• Shares outstanding: 16,728,714; proposed sale equals ~0.018% of the float, indicating limited dilution or ownership impact.
• Origin of shares: acquired via a stock option granted 23-Sep-2016 and exercised 24-Jul-2025; consideration paid in cash.
• No other sales by this filer were reported in the past three months.

The filing is a routine disclosure required under SEC Rule 144. While insider sales can signal profit-taking or diversification, the volume is immaterial relative to total shares outstanding and is unlikely to affect the company’s capital structure.

Positive

• Sale size is only ~0.018% of shares outstanding, suggesting minimal dilution or market impact.
• No other insider sales reported in the past three months, limiting cumulative selling pressure.

Negative

• $11.6 million insider sale could be interpreted by some investors as profit-taking or reduced confidence, despite its small relative size.

Insights

Equity Analyst

TL;DR: Small insider sale (0.018% float) worth $11.6 M; signal limited, impact neutral.

The Form 144 reveals a planned disposition of 3,000 AutoZone shares. At ~0.018% of outstanding shares, the transaction is too small to influence liquidity or voting power. Because the shares stem from a long-dated option grant, the sale appears to be normal compensation monetisation rather than a strategic reduction. With no prior sales in the last quarter, this filing does not alter our investment view or suggest operational headwinds. Overall market impact: negligible.

Corporate Governance Specialist

TL;DR: Routine Rule 144 filing; compliance maintained; governance risk low.

The filer attests to possessing no undisclosed adverse information, satisfying Rule 144 and Rule 10b5-1 safeguards. The disclosure of acquisition method, sale date, broker, and absence of recent sales demonstrates procedural transparency. Given the modest size and adherence to regulatory protocol, I classify this as a non-event from a governance-risk perspective.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	3000	11627700.30	16728714	07/24/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/24/2025	Option Granted - 09/23/2016	Issuer			3000	07/24/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many AutoZone (AZO) shares are being sold under this Form 144?

The filer plans to sell 3,000 common shares.

What is the total market value of the proposed AZO share sale?

The aggregate market value stated is $11,627,700.30.

When is the approximate sale date for the AZO shares?

The shares may be sold on or about 24-Jul-2025.

What percentage of AutoZone’s shares outstanding does the sale represent?

About 0.018% of the 16,728,714 shares outstanding.

Were there any other insider sales of AZO stock in the last three months?

No. The filing states "Nothing to Report" for sales in the past three months.