AutoZone (AZO) CEO reports 500-share option exercise, trust gift
Rhea-AI Filing Summary
AutoZone Inc. President & CEO Philip B. Daniele reported exercising 500 non-qualified stock options at $587.13 per share, receiving 500 shares of common stock. He then transferred those 500 shares for no consideration to Family Trust #1, where he serves as trustee and his immediate family members are the sole beneficiaries, so he remains the beneficial owner. After these transactions, he directly holds 554.5963 shares of AutoZone common stock and indirectly holds 1,948 shares through the family trust. He also continues to hold 1,927 non-qualified stock options granted under the AutoZone, Inc. 2011 Equity Incentive Award Plan, which are scheduled to expire on September 27, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 500 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 500 | $0.00 | -- |
| Exercise | Common Stock | 500 | $587.13 | $294K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- On December 15, 2025, the reporting person transferred 500 shares of AZO common stock to Family Trust #1 for no consideration. The reporting person is trustee of the trust, and members of the reporting person'simmediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust. Options granted in accordance with the AutoZone, Inc. 2011 Equity Incentive Award Plan and exercisable in one-fourth increments on September 26, 2018, 2019, 2020, and 2021, respectively.
FAQ
What insider stock transactions did AutoZone (AZO) CEO Philip Daniele report?
Philip B. Daniele reported exercising 500 non-qualified stock options for AutoZone common stock and then transferring 500 shares to Family Trust #1 for no consideration.
At what price were the reported AutoZone stock options exercised?
The non-qualified stock options were exercised at an exercise price of $587.13 per share for 500 shares of AutoZone common stock.
How many AutoZone stock options does the CEO still hold after exercising 500 options?
Following the exercise, Philip Daniele continues to hold 1,927 non-qualified stock options for AutoZone common stock.
Under what plan were the reported AutoZone stock options granted?
The options were granted under the AutoZone, Inc. 2011 Equity Incentive Award Plan and became exercisable in one-fourth increments on September 26, 2018, 2019, 2020, and 2021.
When do the reported AutoZone stock options held by the CEO expire?
The remaining non-qualified stock options reported for Philip Daniele are scheduled to expire on September 27, 2027.