Form 4: O'Reilly Automotive Executive Sells Shares in Recent Transaction

Sentiment:

SEC Form 4 Filing


David E. O'Reilly, Executive Chairman of the Board at O'Reilly Automotive, disposed of 635 shares of common stock at a price of $1,227.37 per share.

Summary

  • David E. O'Reilly, the Executive Chairman of the Board at O'Reilly Automotive, sold 635 shares of common stock on November 22, 2024.
  • The sale price was $1,227.37 per share.
  • Following the transaction, Mr. O'Reilly directly owns 32,751 shares, which includes 517 unvested restricted share awards and 32,234 shares held directly.
  • He also indirectly owns 183,584 shares through his spouse, as trustee for his children, and the company's 401k plan.
  • The indirect holdings include 171,984 shares held as trustee for his children, 11,583 shares held through his spouse, and 17 shares held in the Company's 401k Plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction, with no positive or negative implications for the company's performance.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the automotive retail industry.

Comparison to Industry Standards

  • Executive stock transactions are a normal part of corporate governance and are regularly disclosed by public companies.
  • The sale by Mr. O'Reilly is not unusual in terms of volume or price compared to similar transactions by executives in comparable companies.
  • Companies like AutoZone (AZO) and Advance Auto Parts (AAP) also have executives who regularly report similar transactions.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/22/2024Date of the stock sale transaction.
11/26/2024Date the form was signed.

Keywords

O'Reilly Automotive, ORLY, David E. O'Reilly, stock sale, executive transaction, insider trading, share disposal, beneficial ownership

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