AutoZone SVP & CIO Receives Routine Option Grant for 3,500 Shares
AUTOZONE INC
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Filing Summary
📋 Form 4 Filed for AutoZone Inc ($AZO) Insider: Borninkhof K. Michelle (Senior Vice President & CIO) Transaction Date: October 9, 2026 Type: Option Award (Code A) | 3,500 options at exercise price $2,939.85 Post-Transaction Holdings: 3,500 derivative securities Significance: Low (Routine equity award)
Comprehensive Analysis
Executive Summary
On October 14, 2026, AutoZone Inc ($AZO) filed a Form 4 disclosing that Senior Vice President & Chief Information Officer K. Michelle Borninkhof received a grant of 3,500 non-qualified stock options on October 9, 2026.
Transaction Details
- Security: Non-Qualified Stock Option (right to buy Common Stock)
- Exercise Price: $2,939.85 per share
- Quantity: 3,500 options
- Transaction Code: A (Grant/Award)
- Direct/Indirect: Direct ownership
- Vesting Schedule: Granted under the AutoZone, Inc. 2020 Omnibus Incentive Award Plan; 50% vests on October 15, 2028, 25% vests on October 15, 2029, and the remaining 25% vests on October 15, 2030. The options expire on October 9, 2036.
Market Impact & Significance
This filing reflects a standard annual or periodic equity compensation award rather than discretionary open-market buying or selling. As such, it carries low market significance and does not reflect an active shift in insider sentiment.
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Important Disclaimer
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