Form 4: AutoZone Executive Chairman William C. Rhodes III Reports Stock Gift
SEC Filing
William C. Rhodes III, Executive Chairman of AutoZone, reports gifting 1,500 shares of common stock on April 3, 2024.
Summary
- On April 3, 2024, William C. Rhodes III, the Executive Chairman of AutoZone, gifted 1,500 shares of AutoZone's common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Rhodes directly owns 13,857.0463 shares of AutoZone common stock.
- Rhodes also indirectly owns shares as a co-trustee for siblings' trust #2 (100 shares), as trustee for daughter's trust (177 shares), as trustee for descendants trust (1,936 shares), and as trustee for son's trust (176 shares).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock gift, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of the stock gift transaction |
| 04/05/2024 | Date of signature on the Form 4 filing |
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