AutoZone SVP Supply Chain Receives Routine Stock Option Grant

Executive Summary

On October 14, 2026, AutoZone Inc ($AZO) filed a Form 4 disclosing an equity compensation award to Mary Denise McCullough, Senior Vice President of Supply Chain. On October 9, 2026, McCullough was granted non-qualified stock options to purchase 3,500 shares of AutoZone Common Stock under the AutoZone, Inc. 2020 Omnibus Incentive Award Plan.

Transaction Breakdown

• Security: Non-Qualified Stock Option (right to buy)
• Transaction Code: A (Grant/Award)
• Number of Options: 3,500
• Exercise Price: $2,939.85 per share
• Expiration Date: October 9, 2036
• Vesting Terms: 50% of the award vests and becomes exercisable on October 15, 2028, with 25% vesting on each of the first and second anniversaries of that date.
• Direct Ownership Post-Transaction: 3,500 derivative securities.

Market Implications

Because this transaction represents a standard equity incentive grant (Transaction Code A) rather than an open-market purchase or disposition, it carries low trading significance for outside investors. It reflects standard long-term executive compensation and alignment of officer interests with company performance over a multi-year horizon.