AutoZone (AZO) Sr. Vice President exercises 1,455 options, sells 1,455 shares
Rhea-AI Filing Summary
AUTOZONE INC senior vice president Dennis W. LeRiche exercised stock options and sold the resulting shares. On 2026-08-07 he exercised 1,455 Non-Qualified Stock Options at an exercise price of $1,060.81 per share, acquiring 1,455 shares of common stock, and then sold 1,455 common shares at $3,100.00 per share. The options, granted under the company’s 2011 Equity Incentive Award Plan, are now fully exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,455 shares ($2.97M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
LeRiche Dennis W.
Role
Sr. Vice President
Sold
1,455 shs ($4.51M)
Approx. gross sale proceeds
$4.51M
Approx. exercise cost
$1.54M
Approx. pre-tax spread
$2.97M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) F1, F2 | 1,455 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,455 | $1,060.81 | $1.54M |
| Sale | Common Stock | 1,455 | $3,100.00 | $4.51M |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 441.1617 shares (Direct)
Footnotes (2)
- F1. Granted in accordance with the Amended and Restated AutoZone, Inc. 2011 Equity Incentive Award Plan.
- F2. Options exercisable in one-fourth increments on October 7, 2020, 2021, 2022, and 2023, respectively.
Key Figures
Options exercised: 1,455 shares
Option exercise price: $1,060.81 per share
Shares sold: 1,455 shares
+3 more
6 metrics
Options exercised
1,455 shares
Non-Qualified Stock Options exercised on 2026-08-07
Option exercise price
$1,060.81 per share
Exercise price for Non-Qualified Stock Option grant
Shares sold
1,455 shares
Common Stock sale on 2026-08-07 following option exercise
Sale price
$3,100.00 per share
Price for sale of 1,455 common shares
Options remaining from grant
0 options
Total options following transaction for this grant
Option expiration date
2029-10-07
Expiration date of exercised Non-Qualified Stock Options
Key Terms
Non-Qualified Stock Option, Equity Incentive Award Plan, exercise or conversion of derivative security, exercise price
4 terms
Non-Qualified Stock Option financial
"security_title: Non-Qualified Stock Option (right to buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Equity Incentive Award Plan financial
"Granted in accordance with the Amended and Restated AutoZone, Inc. 2011 Equity Incentive Award Plan"
exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
exercise price financial
"conversion_or_exercise_price: 1060.8100"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AUTOZONE INC (AZO) report for Dennis W. LeRiche?
AUTOZONE INC reported that Sr. Vice President Dennis W. LeRiche exercised 1,455 stock options at $1,060.81 and sold 1,455 common shares at $3,100.00 per share on 2026-08-07.
How many AUTOZONE INC (AZO) options did Dennis W. LeRiche exercise?
Dennis W. LeRiche exercised 1,455 Non-Qualified Stock Options in AUTOZONE INC, each convertible into one share of common stock, granted under the 2011 Equity Incentive Award Plan and fully exercised on 2026-08-07.
Were the AUTOZONE INC (AZO) options held by Dennis W. LeRiche fully exercised?
Yes. The filing shows 1,455 options disposed through exercise, with 0 options remaining for that grant after the 2026-08-07 transaction, indicating the grant is fully exercised.
Under which plan were Dennis W. LeRiche’s AUTOZONE INC (AZO) options granted?
The options exercised by Dennis W. LeRiche were granted under the Amended and Restated AutoZone, Inc. 2011 Equity Incentive Award Plan, with vesting in one-fourth increments from 2020 through 2023.