8-K
AUTOZONE INC (AZO)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 18, 2024
AutoZone, Inc.
(Exact Name of Registrant as Specified in Charter)
| Nevada | 1-10714 | 62-1482048 |
|---|---|---|
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| 123 South Front Street, Memphis, Tennessee 38103 | ||
| --- | ||
| (Address of Principal Executive Offices) (Zip Code) |
(901) 495-6500
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | ||
|---|---|---|
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.01 per share | AZO | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
The 2024 Annual Meeting of Shareholders of AutoZone, Inc. (the “Company”) was held December 18, 2024. The final vote results from such meeting are set forth below. Each such proposal is further described in the Proxy Statement, which descriptions are incorporated herein by reference.
Proposal 1. The shareholders elected nine directors, each of whom will hold office until the Annual Meeting of Shareholders to be held in 2025 and until his or her successor is duly elected and qualified. Each director received more votes cast “for” than votes cast “against” his or her election. The tabulation of votes with respect to each nominee for director was as follows:
| Nominee | Votes For | Votes Against | Abstentions | BrokerNon-Votes |
|---|---|---|---|---|
| Philip B. Daniele, III | 13,787,507 | 415,292 | 20,084 | 934,793 |
| Michael A. George | 14,108,923 | 91,814 | 22,146 | 934,793 |
| Linda A. Goodspeed | 13,441,261 | 759,612 | 22,010 | 934,793 |
| Earl G. Graves, Jr. | 12,814,298 | 1,384,027 | 24,558 | 934,793 |
| Brian P. Hannasch | 14,029,853 | 170,014 | 23,016 | 934,793 |
| Gale V. King | 14,055,219 | 145,024 | 22,640 | 934,793 |
| George R. Mrkonic, Jr. | 13,164,342 | 1,036,131 | 22,410 | 934,793 |
| William C. Rhodes, III | 13,332,045 | 870,926 | 19,912 | 934,793 |
| Jill A. Soltau | 13,534,228 | 666,065 | 22,590 | 934,793 |
Proposal 2. The Company’s shareholders ratified the appointment of Ernst & Young LLP as AutoZone’s independent registered public accounting firm for the 2025 fiscal year. The tabulation of votes on this matter was as follows:
| Votes For | Votes Against | Abstentions |
|---|---|---|
| 13,823,846 | 1,312,942 | 20,888 |
Proposal 3. The Company’s shareholders approved, on an advisory, non-binding basis, the compensation of AutoZone’s named executive officers. The tabulation of votes on this matter was as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
|---|---|---|---|
| 12,708,684 | 1,474,939 | 39,260 | 934,793 |
Proposal 4. The Company’s shareholders approved, on an advisory, non-binding basis, a reduction in the ownership threshold to call a special meeting of shareholders to 25%. The tabulation of votes on this matter was as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
|---|---|---|---|
| 12,792,060 | 1,415,799 | 15,024 | 934,793 |
Proposal 5 (Shareholder Proposal). The Company’s shareholders did not approve, on an advisory, non-binding basis, a reduction in the ownership threshold to call a special meeting of shareholders to 10%. The tabulation of votes on this matter was as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
|---|---|---|---|
| 6,313,259 | 7,889,327 | 20,297 | 934,793 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 20, 2024
| AUTOZONE, INC. | |
|---|---|
| By: | /s/ Jenna M. Bedsole |
| Name: | Jenna M. Bedsole |
| Title: | Senior Vice President, General Counsel & Secretary |