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.

Insights

Financial Analyst

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.

Corporate Governance Expert

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.

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

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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^*

Murphy John Scott

(Last) (First) (Middle)

123 S. FRONT ST

(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)
	Vice President, Controller

3. Date of Earliest Transaction (Month/Day/Year)
09/24/2025

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	09/24/2025		M		1,660	A	$587.13	2,903.6799	D
Common Stock	09/24/2025		M		1,200	A	$744.85	4,103.6799	D
Common Stock	09/24/2025		S		13	D	$4,115.33(1)	4,090.6799	D
Common Stock	09/24/2025		S		25	D	$4,178.87	4,065.6799	D
Common Stock	09/24/2025		S		34	D	$4,183.83	4,031.6799	D
Common Stock	09/24/2025		S		60	D	$4,168.2(2)	3,971.6799	D
Common Stock	09/24/2025		S		107	D	$4,182.01(3)	3,864.6799	D
Common Stock	09/24/2025		S		114	D	$4,228.01(4)	3,750.6799	D
Common Stock	09/24/2025		S		120	D	$4,109.26(5)	3,630.6799	D
Common Stock	09/24/2025		S		182	D	$4,205.01(6)	3,448.6799	D
Common Stock	09/24/2025		S		192	D	$4,222.85(7)	3,256.6799	D
Common Stock	09/24/2025		S		200	D	$4,220.22(8)	3,056.6799	D
Common Stock	09/24/2025		S		200	D	$4,218.95	2,856.6799	D
Common Stock	09/24/2025		S		200	D	$4,197.16(9)	2,656.6799	D
Common Stock	09/24/2025		S		200	D	$4,193.64	2,456.6799	D
Common Stock	09/24/2025		S		200	D	$4,175.2(10)	2,256.6799	D
Common Stock	09/24/2025		S		200	D	$4,130.01(11)	2,056.6799	D
Common Stock	09/24/2025		S		200	D	$4,088.44	1,856.6799	D
Common Stock	09/24/2025		S		300	D	$4,105.55(12)	1,556.6799	D
Common Stock	09/24/2025		S		313	D	$4,208.03(13)	1,243.6799	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)	$744.85	09/24/2025		M			1,200	(14)	09/23/2026	Common Stock	1,200	$0.0000	0.0000	D
Non-Qualified Stock Option (right to buy)	$587.13	09/24/2025		M			1,660	(15)	09/26/2027	Common Stock	1,660	$0.0000	0.0000	D

Explanation of Responses:

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.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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.

8. 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.

9. 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.

10. 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.

11. 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.

12. 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.

13. 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.

14. 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.

15. 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.

	/s/ J. Scott Murphy	09/25/2025
	** Signature of Reporting Person	Date
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