Form 4: AutoZone Executive Chairman William C. Rhodes III Reports Gift of Common Stock
SEC Form 4 Filing
William C. Rhodes III, Executive Chairman of AutoZone, reports a gift of 1,818 shares of common stock on October 21, 2024.
Summary
- On October 23, 2024, William C. Rhodes III, the Executive Chairman of AutoZone Inc., filed a Form 4 with the SEC.
- The report details a transaction on October 21, 2024, where Mr. Rhodes gifted 1,818 shares of AutoZone common stock.
- The shares were gifted at a price of $0.00 per share.
- Following the transaction, Mr. Rhodes directly owns 12,039.0463 shares of AutoZone common stock.
- He also indirectly owns shares through various trusts, including trusts for siblings, a daughter, and descendants.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a gift of stock. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a gift of shares by the Executive Chairman.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders.
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date of transaction (gift of stock) |
| 10/23/2024 | Date of Form 4 filing |
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