Form 4: O'Reilly Automotive SVP Exercises Options and Sells Shares
SEC Form 4
Tamara F. de Wild, SVP of Legal & General Counsel at O'Reilly Automotive, exercised stock options and sold shares on August 15, 2024.
Summary
- On August 15, 2024, Tamara F. de Wild, SVP of Legal & General Counsel at O'Reilly Automotive Inc., exercised nonqualified employee stock options to acquire 2,000 shares of common stock at a price of $240.54 per share.
- Simultaneously, Ms. de Wild sold 2,000 shares of common stock at a price of $1,135 per share.
- Following these transactions, Ms. de Wild directly owns 358 shares of O'Reilly Automotive common stock and indirectly owns 15 shares in the company's 401k plan.
- She also directly owns 3,124 nonqualified employee stock options.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.
Positives
- The exercise of stock options and subsequent sale suggests the executive is converting potential gains into realized profits.
- The sale of shares at $1,135 indicates a significant profit compared to the exercise price of $240.54.
Industry Context
This 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 minimal.
Key Dates
| Date | Description |
|---|---|
| 01/01/2019 | Start date for vesting of options in four equal annual installments |
| 01/01/2028 | Expiration date of nonqualified employee stock options |
| 08/15/2024 | Date of transaction: exercise of stock options and sale of shares |
| 08/19/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.