AutoZone (AZO) CEO Daniele Exercises Options for 250 Shares

What Happened

• Daniele Philip B., President & CEO of AutoZone, exercised stock options on September 25, 2026, acquiring 250 common shares by paying an exercise price of $587.13 per share (total cost $146,783).
• The filing also reports the related derivative instruments (250 option units) as disposed/converted at $0.00, reflecting the conversion of the options into shares. No sale of the acquired shares was reported.

Key Details

• Transaction date: 2026-09-25
• Exercise details: 250 shares acquired at $587.13 each — total $146,783
• Derivative conversion: 250 options reported disposed at $0.00 (conversion of the derivative)
• Shares owned after the transaction: not specified in this filing
• Footnote: F1 — options were granted under the Amended and Restated AutoZone, Inc. 2011 Equity Incentive Award Plan and vested in one-fourth increments on Sept 26 of 2018, 2019, 2020 and 2021
• Filing timeliness: filing dated 2026-09-29 for a 2026-09-25 transaction (filed within the required reporting window)

Context

• This was an exercise of vested options (conversion of derivative instruments) — the CEO paid the strike price to acquire shares. The filing shows no immediate sale (not a cashless sale), so this increased his direct share holdings as reported. Exercises are routine for option holders and are not by themselves a clear buy/sell signal.