AZO COO receives 4,049 options; vesting through second anniversary
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AutoZone (AZO) reported a Form 4 for its COO covering an option grant on 10/10/2025. The executive received 4,049 non‑qualified stock options with an exercise price of $4,075.31 per share (code A). The options were granted under the AutoZone, Inc. 2020 Omnibus Incentive Award Plan.
The award vests as follows: 50% on the grant date and 25% on each of the first and second anniversaries of that date, and carries an expiration date of 10/10/2035.
Following the reported transaction, the executive beneficially owns 1,795.3 shares directly and 1,436 shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Newbern Thomas B
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 4,049 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 4,049 shares (Direct);
Common Stock — 1,795.3 shares (Direct);
Common Stock — 1,436 shares (Indirect, By Trust)
Footnotes (1)
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FAQ
What did AutoZone (AZO) disclose in this Form 4?
An option grant to the COO for 4,049 non‑qualified stock options at an exercise price of $4,075.31 per share on 10/10/2025.
What is the vesting schedule for the AZO COO’s options?
Per the plan, 50% vests on the grant date and 25% vests on each of the first and second anniversaries of the grant date.
When do the granted options expire?
The options have an expiration date of 10/10/2035.
What was the transaction code used?
Transaction code A, which indicates an award/grant of a security.
What plan governs the option grant?
The grant was made under the AutoZone, Inc. 2020 Omnibus Incentive Award Plan.