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
- None.
Negative
- None.
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 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 1,660 | $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 (1)
- 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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.
