AutoZone SVP Commercial Awarded $5M in Restricted Stock
AUTOZONE INC
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Filing Summary
AutoZone Inc. ($AZO) - Form 4 Insider Filing Summary
Insider: Kenneth E Jaycox (SVP Commercial)
Transaction Date: 2026-08-28
Transaction Type: Restricted Stock Award (Grant)
Shares Awarded: 1,688 @ $2,961.96
Total Value: $4,999,788.48
Post-Transaction Holdings: 1,703.08 shares (Direct)
Notes: Restricted stock vests in full on August 28, 2031, contingent on continued service.
Comprehensive Analysis
Executive Summary
On September 1, 2026, AutoZone Inc. (NYSE: AZO) filed a Form 4 disclosing an equity award granted to Kenneth E. Jaycox, Senior Vice President of Commercial.
Transaction Details
- Security: Common Stock
- Transaction Code:
A(Grant/Award) - Date of Transaction: August 28, 2026
- Shares Acquired: 1,688 shares
- Award Reference Price: $2,961.96 per share
- Total Stated Value: ~$5.00 million ($4,999,788.48)
- Post-Transaction Direct Holdings: 1,703.0789 shares
Vesting & Terms
Footnote disclosures indicate that the 1,688 shares represent a restricted stock award scheduled to cliff vest in full on August 28, 2031 (a 5-year vesting schedule), contingent upon continued service.
Market Significance
This transaction represents routine executive compensation and long-term equity incentive alignment rather than discretionary open-market buying or selling. Consequently, it carries Low direct trading significance for market participants.
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