AZO COO receives 4,049 options; vesting through second anniversary
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 | $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)
- F1. Options granted in accordance with the AutoZone, Inc. 2020 Omnibus Incentive Award Plan, with 50% of award exercisable on the date shown and 25% exercisable on each of the first and second anniversaries of the date shown.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
