Form 4: O'Reilly Automotive CEO Brad Beckham Reports Stock Option Exercises and Sales
SEC Form 4
CEO Brad Beckham reports exercising stock options and selling shares of O'Reilly Automotive common stock on May 3, 2024.
Summary
- Brad Beckham, CEO of O'Reilly Automotive, reported transactions involving the company's common stock on May 3, 2024.
- Beckham exercised nonqualified employee stock options to acquire 1,032 shares at $192.65 and 5,000 shares at $210.23.
- He then sold 6,032 shares at $1,015.
- Following these transactions, Beckham directly owns 716 shares of common stock and indirectly owns 1,079 shares through the company's 401k plan.
- He also continues to hold options to purchase additional shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard Form 4 filing reporting insider transactions. The transactions themselves don't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. Insider transactions are common and can be for various personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| 01/29/2016 | Date options began vesting in four equal annual installments |
| 03/13/2016 | Date options began vesting in four equal annual installments |
| 05/03/2024 | Date of stock option exercises and sales |
| 05/07/2024 | Date of signature on the Form 4 filing |
| 01/29/2025 | Expiration date of some stock options |
| 03/13/2025 | Expiration date of some stock options |
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