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.
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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.
How many AutoZone shares did the CEO transfer to Family Trust #1 and on what terms?
The CEO transferred 500 shares of AutoZone common stock to Family Trust #1 on December 15, 2025 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.
What are Philip Daniele's AutoZone shareholdings after these transactions?
After the transactions, Philip Daniele directly owns 554.5963 shares of AutoZone common stock and indirectly owns 1,948 shares as trustee of Family Trust #1.
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.