Form 4: O'Reilly Automotive Inc. Executive Chairman David E. O'Reilly Reports Stock Sales
SEC Form 4 Filing
David E. O'Reilly, Executive Chairman of O'Reilly Automotive Inc., reported the sale of 23,019 shares of common stock on August 14, 2024.
Summary
- David E. O'Reilly, the Executive Chairman of the Board at O'Reilly Automotive Inc., filed a Form 4 with the SEC.
- The report details changes in his beneficial ownership of the company's stock.
- On August 14, 2024, O'Reilly sold 5,000 shares of common stock at a price of $1,125.285 per share.
- He also sold 18,019 shares at $1,125.729 per share.
- Following these transactions, O'Reilly directly owns 38,386 shares and indirectly owns 184,582 shares.
- The indirect ownership includes shares held as trustee for his children, shares held through his spouse, and shares held in the company's 401k plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock sales by an executive, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The stock sale by a high-ranking executive could be perceived negatively by some shareholders, potentially leading to speculation about the reasons behind the sale.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of stock sale transactions |
| 08/16/2024 | Date of signature on the Form 4 filing |
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