AutoZone (AZO) SVP exercises 300 options, sells at $3,775

AutoZone (AZO) insider activity: Senior Vice President & CIO K. Michelle Borninkhof exercised 300 non-qualified stock options at $1,519.62 and sold 300 shares at $3,775 on 10/27/2025 pursuant to a Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

AutoZone (AZO) insider activity: Senior Vice President & CIO K. Michelle Borninkhof exercised 300 non-qualified stock options at $1,519.62 and sold 300 shares at $3,775 on 10/27/2025 pursuant to a Rule 10b5-1 trading plan.

Following these transactions, directly owned common stock was 416.3881 shares. The reporting person also held 1,050 derivative securities (non-qualified stock options) after the transactions, with an expiration date of 05/10/2031.

The options were granted under the AutoZone, Inc. 2020 Omnibus Incentive Award Plan and became exercisable in one-fourth increments on May 10, 2022, 2023, 2024, and 2025.

Insider Trade Summary

Exercise and Sale: 300 shares ($677K approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Borninkhof K. Michelle

Role Senior Vice President & CIO

Sold 300 shs ($1.13M)

Approx. gross sale proceeds $1.13M

Approx. exercise cost $456K

Approx. pre-tax spread $677K

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy)	300	$0.00	$0.00
Exercise	Common Stock	300	$1,519.62	$456K
Sale	Common Stock	300	$3,775.00	$1.13M

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 1,050 contracts (Direct); Common Stock — 416.3881 shares (Direct)

Footnotes (2)

1. F1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 27, 2025.
2. F2. Options granted in accordance with the AutoZone, Inc. 2020 Omnibus Incentive Award Plan and exercisable in one-fourth increments on May 10, 2022, 2023, 2024, and 2025 respectively.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did AZO report?

On 10/27/2025, the officer exercised 300 options at $1,519.62 and sold 300 shares at $3,775.

Who is the AZO insider and their role?

The reporting person is K. Michelle Borninkhof, Senior Vice President & CIO of AutoZone.

How many AZO shares were owned after the transaction?

Direct ownership of common stock was 416.3881 shares after the reported transactions.

How many AZO options remain and when do they expire?

The insider held 1,050 non-qualified stock options after the transactions, expiring on 05/10/2031.

Was the AZO trade under a Rule 10b5-1 plan?

Yes. It was effected under a Rule 10b5-1 trading plan adopted on June 27, 2025.

What were the Form 4 transaction codes used?

Code M for the option exercise and code S for the sale.

What plan governed the options’ grant and vesting?

Options were granted under the AutoZone, Inc. 2020 Omnibus Incentive Award Plan and vested in quarters on May 10, 2022–2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/29/2025 - 05:35 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Borninkhof K. Michelle

(Last) (First) (Middle)

123 SOUTH FRONT STREET

(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)
	Senior Vice President & CIO

3. Date of Earliest Transaction (Month/Day/Year)
10/27/2025

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	10/27/2025		M		300	A	$1,519.62	716.3881	D
Common Stock	10/27/2025		S(1)		300	D	$3,775	416.3881	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)	$1,519.62	10/27/2025		M			300	(2)	05/10/2031	Common Stock	300	$0.0000	1,050	D

Explanation of Responses:

1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 27, 2025.

2. Options granted in accordance with the AutoZone, Inc. 2020 Omnibus Incentive Award Plan and exercisable in one-fourth increments on May 10, 2022, 2023, 2024, and 2025 respectively.

	/s/ K. Michelle Borninkhof	10/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.