Form 4: AutoZone Executive William R. Hackney Acquires Common Stock Under Executive Stock Purchase Plan

Executive Vice President William R. Hackney acquired one share of AutoZone common stock at a price of $3,150.04 on September 30, 2024, under the company's Sixth Amended and Restated Executive Stock Purchase Plan.

Summary

• On September 30, 2024, William R. Hackney, an Executive Vice President at AutoZone, Inc., acquired one share of common stock.
• The transaction was executed under the AutoZone, Inc. Sixth Amended and Restated Executive Stock Purchase Plan.
• The price per share was $3,150.04.
• Following the transaction, Hackney directly owns 90.1194 shares of AutoZone common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects an executive's participation in a stock purchase plan, indicating confidence in the company's future.

Positives

• The transaction reflects the executive's participation in the company's stock purchase plan, aligning his interests with those of the shareholders.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a common practice for publicly traded companies like AutoZone.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholders as it demonstrates the executive's investment in the company.

Key Dates