Form 4: O'Reilly Automotive Executive Sells Shares in Recent Transaction
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
| Date | Description |
|---|---|
| 11/22/2024 | Date of the stock sale transaction. |
| 11/26/2024 | Date 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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