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AutoZone COO Thomas B. Newbern Receives Stock Option Grant
AUTOZONE INC
$AZO4CIK: 0000866787
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Filing Summary
📊 AutoZone Inc ($AZO) Form 4 Filing Insider: Thomas B. Newbern (COO) Action: Award / Grant (Code A) Security: Non-Qualified Stock Option (right to buy) Underlying Shares: 5,270 Common Stock Exercise Price: $2,939.85 Expiration Date: 2036-10-09 Significance: Low (Routine executive option grant)
Comprehensive Analysis
Executive Compensation Summary
- Reporting Person: Thomas B. Newbern, Chief Operating Officer (COO) of AutoZone, Inc.
- Transaction Overview: On October 9, 2026, Thomas B. Newbern was granted 5,270 non-qualified stock options under the AutoZone, Inc. 2020 Omnibus Incentive Award Plan.
- Terms of Options: The options carry an exercise price of $2,939.85 per share and expire on October 9, 2036. Vesting commences on October 15, 2028, with 50% exercisable on that date, followed by 25% exercisable on October 15, 2029, and the remaining 25% on October 15, 2030.
- Market Impact: This transaction represents routine equity compensation granted to senior executive leadership rather than open-market buying or selling. Consequently, it carries low trading significance for outside investors.
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