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AZO insider receives 3,192 options; 50/25/25 vesting disclosed

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AutoZone (AZO) reported an insider equity award for its Senior Vice President & CIO. On 10/10/2025, the executive received a grant of 3,192 non-qualified stock options at an exercise price of $4,075.31 per share, expiring on 10/10/2035. According to the grant terms, 50% is exercisable on the grant date and 25% on each of the first and second anniversaries. Following the reported transactions, the executive beneficially owned 416.3881 shares of common stock directly.

Positive

  • None.

Negative

  • None.
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).
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)
10/10/2025
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 416.3881 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
Non-Qualified Stock Option (right to buy) $4,075.31 10/10/2025 10/10/2025 A 3,192 10/15/2027(1) 10/10/2035 Common Stock 3,192 $0.0000 3,192 D
Explanation of Responses:
1. 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.
/s/ K. Michelle Borninkhof 10/14/2025
** 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

What did AutoZone (AZO) disclose in this Form 4?

An executive received 3,192 non-qualified stock options at $4,075.31 per share, granted on 10/10/2025.

Who is the reporting person in AZO’s Form 4?

AutoZone’s Senior Vice President & CIO, as indicated by the title on the form.

What are the vesting terms of the AZO option grant?

Per the disclosure: 50% exercisable on the grant date and 25% on each of the first and second anniversaries.

What is the expiration date of the AZO options?

The options expire on 10/10/2035.

How many AZO shares are beneficially owned after the transaction?

416.3881 shares of common stock, held directly.

What plan governs the option grant for AZO?

The grant was made under the AutoZone, Inc. 2020 Omnibus Incentive Award Plan.
Autozone

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57.54B
16.53M
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1.48%
Auto Parts
Retail-auto & Home Supply Stores
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United States
MEMPHIS