[Form 4] AutoZone, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Alight, Inc. (ALIT) – Form 4 insider transaction

Director William P. Foley II received 3,147 Class A common shares on 30 June 2025 as his quarterly board retainer, electing stock in lieu of a $17,813 cash payment. The grant price was the closing price of $5.66.

After the award, Foley holds 902,165 shares directly and 6,833,304 shares indirectly through Trasimene Capital FT, LLC and Bilcar FT, LP, for a combined beneficial position of roughly 7.7 million shares. No derivative securities were reported, and no dispositions occurred.

The filing does not indicate any change in board roles or corporate strategy; it simply updates Foley’s ownership under Alight’s 2021 Omnibus Incentive Plan.

Insights

Securities Analyst

TL;DR Small routine stock-for-fees grant; negligible impact on float or valuation.

The Form 4 documents a standard non-cash director compensation event. Foley’s incremental 3.1 k shares are immaterial versus the company’s outstanding share count, and the award follows Alight’s established compensation policy. His significant existing stake—largely held via investment entities—remains unchanged in structure, signaling continued alignment but not altering control dynamics. With no open-market purchase or sale and no derivatives exercised, the filing is best viewed as a housekeeping disclosure rather than a signal of strategic intent.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Borninkhof K. Michelle

(Last) (First) (Middle)

123 SOUTH FRONT STREET

(Street)

MEMPHIS TN 38103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AUTOZONE INC [ AZO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President & CIO

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	06/30/2025		A		3	A	$3,712.23	410.2871	D
Common Stock(1)	06/30/2025		A		1	A	$0.0000	411.2871	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Acquired pursuant to AutoZone, Inc. Sixth Amended and Restated Executive Stock Purchase Plan.

	/s/ K. Michelle Borninkhof	07/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Alight (ALIT) shares did William P. Foley II acquire on 30 June 2025?

He received 3,147 Class A common shares as a quarterly board retainer.

What was the price used to calculate the Form 4 share grant for ALIT?

The award was valued at $5.66 per share, Alight’s closing price on 30 June 2025.

What is William P. Foley II’s total beneficial ownership in Alight after the transaction?

He now beneficially owns 902,165 shares directly and 6,833,304 shares indirectly.

Did the Form 4 report any sale or disposition of Alight shares?

No. The filing only reports an acquisition of shares; there were no dispositions.

Were any derivative securities involved in this ALIT Form 4 filing?

No derivative securities were acquired or disposed of; only common stock was reported.