AutoZone Officer Files Form 4 Showing Purchases, Option Entries and Sales on 09/24/2025
Rhea-AI Filing Summary
J. Scott Murphy, Vice President, Controller of AutoZone, Inc. (AZO), reported multiple transactions dated 09/24/2025. The filing shows two non-derivative acquisitions: 1,660 shares at a weighted price of $587.13 and 1,200 shares at $744.85. The report also records a series of small open-market sales across that same date, sequentially reducing direct beneficial ownership from 4,103.6799 shares to 1,243.6799 shares after the last reported sale. Table II discloses two non-qualified stock option entries tied to exercise prices of $744.85 (1,200 option units) and $587.13 (1,660 option units) with the amounts of underlying common stock noted in the filing. The report is signed and dated 09/25/2025.
Positive
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Negative
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Insights
TL;DR: Insider purchased 2,860 shares and executed option-related activity while executing numerous small sales, leaving ~1,244 shares owned.
The filing documents contemporaneous buy and sell activity by an AutoZone officer on 09/24/2025. Material facts: acquisitions of 1,660 shares at $587.13 and 1,200 shares at $744.85, plus a sequence of small sales that reduced direct holdings to 1,243.6799 shares. Table II lists two non-qualified stock option line items aligning with the same share quantities and strike prices. For an analyst, the net effect is a reduction in reported direct ownership despite the acquisitions; the filing does not disclose motivations, tax-related exercises, or whether sales funded acquisitions.
TL;DR: Form 4 shows routine officer transactions including option-related entries and numerous small open-market sales with a final reduced ownership stake.
From a governance perspective, this is a standard Section 16 disclosure: the filer is a named officer and reported both purchases and sales on a single date. The record includes explanatory weighted-average sale prices for multiple trades, and the signature certifies accuracy. The filing contains no indication of related-party transactions, 10b5-1 plans, or other governance notes; those items are not present in the document.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 1,200 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock Option (right to buy) | 1,660 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,660 | $587.13 | $975K |
| Exercise | Common Stock | 1,200 | $744.85 | $894K |
| Sale | Common Stock | 13 | $4,115.33 | $53K |
| Sale | Common Stock | 25 | $4,178.87 | $104K |
| Sale | Common Stock | 34 | $4,183.83 | $142K |
| Sale | Common Stock | 60 | $4,168.20 | $250K |
| Sale | Common Stock | 107 | $4,182.01 | $447K |
| Sale | Common Stock | 114 | $4,228.01 | $482K |
| Sale | Common Stock | 120 | $4,109.26 | $493K |
| Sale | Common Stock | 182 | $4,205.01 | $765K |
| Sale | Common Stock | 192 | $4,222.85 | $811K |
| Sale | Common Stock | 200 | $4,220.22 | $844K |
| Sale | Common Stock | 200 | $4,218.95 | $844K |
| Sale | Common Stock | 200 | $4,197.16 | $839K |
| Sale | Common Stock | 200 | $4,193.64 | $839K |
| Sale | Common Stock | 200 | $4,175.20 | $835K |
| Sale | Common Stock | 200 | $4,130.01 | $826K |
| Sale | Common Stock | 200 | $4,088.44 | $818K |
| Sale | Common Stock | 300 | $4,105.55 | $1.23M |
| Sale | Common Stock | 313 | $4,208.03 | $1.32M |
Footnotes (15)
- F1. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,115.15 - $4,115.49 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F2. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,168.19 - $4,168.20 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F3. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,181.20 - $4,182.15 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F4. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,228.00 - $4,228.01 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F5. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,109.26 - $4,109.27 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F6. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,205.00 - $4,205.01 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F7. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,222.70 - $4,223.14 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F8. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,220.00 - $4,220.43 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F9. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,196.95 - $4,197.36 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F10. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,175.19 - $4,175.20 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F11. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,130.00 - $4,130.10 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F12. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,105.22 - $4,106.20 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F13. This price represents the weighted average price per Share, of Issuer, of sales that were executed at prices ranging from $4,207.56 - $4,208.52 per Share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- F14. Options granted in accordance with the AutoZone, Inc. 2011 Equity Incentive Award Plan and exercisable in one-fourth increments on September 23, 2017, 2018, 2019 and 2020, respectively.
- F15. 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.
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