Form 4: AutoZone Executive J. Scott Murphy Reports Stock Option Exercise and Sale
SEC Form 4 Filing
AutoZone's Vice President, Controller, J. Scott Murphy, executed stock options and sold shares on September 25, 2024, according to a Form 4 filing with the SEC.
Summary
- On September 25, 2024, J. Scott Murphy, Vice President, Controller of AutoZone Inc., exercised stock options and sold shares of common stock.
- Murphy exercised 1,580 stock options at a price of $744.62 per share.
- He then sold 4 shares at $3,102.1, 200 shares at $3,112.6, 300 shares at a weighted average price of $3,110.14, 376 shares at a weighted average price of $3,100.63, and 700 shares at a weighted average price of $3,109.06.
- Following these transactions, Murphy directly owns 1,218.1807 shares of AutoZone common stock.
Sentiment
Score: 5
Explanation: This is a neutral document, simply reporting transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 09/25/2024 | Date of stock option exercise and stock sales. |
| 09/27/2024 | Date of signature on the Form 4 filing. |
| 10/07/2025 | Expiration date of the Non-Qualified Stock Option. |
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