Form 4: O'Reilly Automotive Chairman Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Gregory Henslee, Chairman of the Board at O'Reilly Automotive, disposed of shares to cover payroll tax withholding obligations upon the vesting of restricted shares.
Summary
- Gregory Henslee, Chairman of the Board at O'Reilly Automotive Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On February 3, 2025, Henslee disposed of 58 shares of common stock at a price of $1,316.06 to satisfy payroll tax withholding obligations upon the vesting of restricted shares.
- Following the transaction, Henslee directly owns 11,392 shares and indirectly owns 22,159 shares through the company's 401k plan and as trustee of a Grantor Retained Annuity Trust (GRAT).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations related to vested shares.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of transaction: Disposal of common stock. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
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