AZO insider trade: options at $1,519.62; holdings 416.3881
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 300 shares ($1,132,500)
Net Sell
3 txns
Insider
Borninkhof K. Michelle
Role
Senior Vice President & CIO
Sold
300 shs ($1.13M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 300 | $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 shares (Direct);
Common Stock — 716.388 shares (Direct)
Footnotes (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. 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
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 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.