Highlighted on January 4, it was unveiled in an SEC filing that Daniele, President & CEO at AutoZone (NYSE:AZO), executed a significant transaction involving the exercise of company stock options.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Daniele, President & CEO at AutoZone, a company in the Consumer Discretionary sector, just exercised stock options worth 0 shares of AZO stock with an exercise price of $0.0.
As of Friday morning, AutoZone shares are down by 0.0%, with a current price of $2557.41. This implies that Daniele's 0 shares have a value of $0.
About AutoZone
AutoZone is the premier seller of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in the United States. The company derives an increasing proportion of its sales from domestic commercial customers, although its presence in its home market is still dominated by its do-it-yourself operation, which accounts for around 70% of sales in country. AutoZone also has a growing presence in Mexico and Brazil. AutoZone had 7,140 stores in the U.S. (6,300), Mexico (740), and Brazil (100) as of the end of fiscal 2023.
Key Indicators: AutoZone's Financial Health
Revenue Growth: AutoZone's revenue growth over a period ...