Form 4: AutoZone Inc. Executive Domingo Hurtado Reports Stock Transactions
SEC Form 4 Filing
Domingo Hurtado, a Senior Vice President at AutoZone Inc., reported the acquisition and disposal of common stock and stock options on April 22, 2025.
Summary
- On April 22, 2025, Domingo Hurtado, a Senior Vice President of AutoZone Inc., engaged in transactions involving the company's stock.
- Hurtado acquired 4,800 shares of common stock at a price of $1,139.99.
- Simultaneously, Hurtado disposed of 4,800 shares of common stock at $3,660.
- Following these transactions, Hurtado directly owns 158.9598 shares of AutoZone Inc.
- Hurtado also exercised non-qualified stock options to acquire 4,800 shares, granted under the 2011 Equity Incentive Award Plan, at a price of $0.0000.
- These options vest in annual increments, starting October 7, 2021, and expire on October 7, 2030.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Comparison to Industry Standards
- Executive compensation packages often include stock options to align management's interests with those of shareholders.
- The vesting schedule of these options (annual increments) is a common practice.
- Comparing Hurtado's transactions with those of executives at similar companies like O'Reilly Automotive or Advance Auto Parts could provide further context.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
- The filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 10/07/2021 | Date when stock options began to vest in annual increments. |
| 04/22/2025 | Date of the reported stock transactions (acquisition and disposal). |
| 04/23/2025 | Date of signature on the Form 4 filing. |
| 10/07/2030 | Expiration date of the non-qualified stock options. |
Keywords
AutoZone, Domingo Hurtado, stock options, Form 4, equity incentive plan, stock transaction, beneficial ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.