AutoZone (NYSE: AZO) CEO granted stock, adds direct and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AUTOZONE INC President & CEO Philip B. Daniele reported stock acquisitions on common shares. On March 31, 2026, he acquired 10 shares of AutoZone common stock at $3,377.78 per share, pursuant to the company’s Sixth Amended and Restated Executive Stock Purchase Plan. He also received an additional 2 shares of common stock with no purchase price shown. Following these awards, his direct holdings total 84.099 shares of common stock. He is also listed as holding 1,948 shares indirectly as trustee for Family Trust #1.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Daniele Philip B.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10 | $3,377.78 | $34K |
| Grant/Award | Common Stock | 2 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 82.099 shares (Direct);
Common Stock — 1,948 shares (Indirect, As Trustee for Family Trust #1)
Footnotes (1)
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Key Figures
Stock acquired under plan: 10 shares at $3,377.78/share
Additional share award: 2 shares at $0.00/share
Direct holdings after transactions: 84.099 shares
+1 more
4 metrics
Stock acquired under plan
10 shares at $3,377.78/share
Common Stock acquisition on March 31, 2026
Additional share award
2 shares at $0.00/share
Common Stock grant on March 31, 2026
Direct holdings after transactions
84.099 shares
Common Stock directly owned after March 31, 2026 awards
Indirect trust holdings
1,948 shares
Common Stock held as Trustee for Family Trust #1
Key Terms
Executive Stock Purchase Plan, indirect, trustee
3 terms
Executive Stock Purchase Plan financial
"Aquired pursuant to AutoZone, Inc. Sixth Amended and Restated Executive Stock Purchase Plan."
indirect financial
"total_shares_following_transaction: 1948.0000, ownership_type: indirect"
trustee financial
"nature_of_ownership: As Trustee for Family Trust #1"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What insider transaction did AutoZone (AZO) report for CEO Philip B. Daniele?
AutoZone reported that CEO Philip B. Daniele acquired common stock on March 31, 2026. He received 10 shares at $3,377.78 each and an additional 2 shares with no purchase price shown, all as part of executive stock-based compensation.
Was the AutoZone (AZO) CEO’s stock activity an open-market buy or a grant?
The activity reflects stock grants and awards, not an open-market purchase. The Form 4 classifies the 10-share and 2-share acquisitions under code A, described as a grant, award, or other acquisition tied to an executive stock purchase plan.
What is the role of AutoZone’s executive stock purchase plan in this Form 4?
The 10-share acquisition at $3,377.78 per share was made under AutoZone’s Sixth Amended and Restated Executive Stock Purchase Plan. This plan provides a structured way for executives to acquire company stock as part of their overall compensation package.