Form 4: O'Reilly Automotive Director Lawrence P. O'Reilly Reports Stock Contribution to Exchange Fund
SEC Form 4
Lawrence P. O'Reilly, a director at O'Reilly Automotive, reported contributing common stock to an exchange fund on August 19, 2024.
Summary
- On August 19, 2024, Lawrence P. O'Reilly, a director of O'Reilly Automotive Inc., contributed 13,765 shares of common stock to an exchange fund.
- The stock was valued at $1,119.52 per share for the purpose of determining the number of limited partnership shares of the exchange fund issuable to the reporting person.
- Following the transaction, O'Reilly directly owns 141,589 shares of O'Reilly Automotive Inc.
- This total includes shares held as a principal of a family limited partnership (26,710 shares), as trustee for children (83,315 shares), and as trustee of a Grantor Retained Annuity Trust (GRAT) (31,564 shares).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of transaction: Lawrence P. O'Reilly contributed common stock to an exchange fund. |
| 08/21/2024 | Date of signature on the Form 4 filing. |
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