Form 4: O'Reilly Automotive EVP Doug Bragg Reports Stock Option Exercises and Sales
SEC Form 4 Filing
Doug Bragg, EVP of Store Operations/Sales at O'Reilly Automotive, executed stock option exercises and sales on February 26, 2024.
Summary
- On February 26, 2024, Doug Bragg, EVP of Store Operations/Sales at O'Reilly Automotive, exercised nonqualified employee stock options and sold shares of common stock.
- Bragg exercised options to acquire 494 shares at $419.88, 362 shares at $451.84, and 362 shares at $660.48.
- He then sold 1,218 shares of common stock at $1,063.5422 per share.
- Following these transactions, Bragg directly owns 5,533 shares of common stock and indirectly owns 820 shares through the company's 401k plan.
- He also holds nonqualified employee stock options for 0 shares at $419.88, 120 shares at $451.84 and 360 shares at $660.48.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 01/30/2021 | Date options began vesting for options exercisable at $419.88 |
| 02/04/2022 | Date options began vesting for options exercisable at $451.84 |
| 02/03/2023 | Date options began vesting for options exercisable at $660.48 |
| 02/26/2024 | Date of stock option exercises and sales |
| 02/28/2024 | Date of Form 4 signature |
| 01/30/2030 | Expiration date for options exercisable at $419.88 |
| 02/04/2031 | Expiration date for options exercisable at $451.84 |
| 02/03/2032 | Expiration date for options exercisable at $660.48 |
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