Form 4: AutoZone Executive J. Scott Murphy Reports Stock Transactions

J. Scott Murphy, Vice President and Controller of AutoZone, reports acquiring and disposing of common stock on March 31, 2024, under the company's Executive Stock Purchase Plan.

Summary

• J. Scott Murphy, Vice President and Controller of AutoZone Inc., filed a Form 4 with the SEC on April 02, 2024.
• The report details changes in beneficial ownership of AutoZone's common stock.
• On March 31, 2024, Murphy acquired 4 shares of common stock at a price of $3,151.65 per share.
• On the same day, Murphy also acquired 1 share of common stock at a price of $0.00.
• Following these transactions, Murphy beneficially owns 1,211.7995 shares of AutoZone common stock.
• The acquisition was made pursuant to AutoZone's Sixth Amended and Restated Executive Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine and expected activity.

Positives

• The transactions reflect participation in the company's stock purchase plan, aligning executive interests with shareholders.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, ensuring fair market practices.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding executive stock ownership.

Key Dates