Form 4: O'Reilly Automotive Executive Sells 5,000 Shares

David O'Reilly, Executive Chairman of the Board at O'Reilly Automotive, sold 5,000 shares of common stock at a price of $1,230 per share on November 11, 2024.

Summary

• David O'Reilly, the Executive Chairman of the Board at O'Reilly Automotive, sold 5,000 shares of the company's common stock on November 11, 2024.
• The sale was executed at a price of $1,230 per share.
• Following the transaction, Mr. O'Reilly directly owns 33,386 shares, which includes 517 unvested restricted share awards and 32,869 shares held directly.
• He also indirectly owns 183,584 shares through his spouse, as trustee for his children, and through the company's 401k plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, and this transaction is within the normal range of such activities.
• Similar filings are regularly made by executives at companies like AutoZone (AZO) and Advance Auto Parts (AAP), reflecting standard practices for insider trading disclosures.

Stakeholder Impact

• The stock sale may have a minor impact on the share price, but it is unlikely to be significant given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates

Keywords

O'Reilly Automotive, ORLY, David O'Reilly, stock sale, insider trading, executive chairman, common stock