Form 4: O'Reilly Automotive SVP of Finance, Mark Merz, Reports Stock Transactions
SEC Form 4
Mark Merz, SVP of Finance at O'Reilly Automotive, reported the acquisition and disposal of company stock and derivative securities on July 30, 2024.
Summary
- On July 30, 2024, Mark Merz, the SVP of Finance at O'Reilly Automotive Inc., reported transactions involving the company's common stock and nonqualified employee stock options.
- Merz acquired 98 shares of common stock at $272.21 and 315 shares at $271.65 through the exercise of nonqualified employee stock options.
- He also disposed of 413 shares of common stock at $1,120.
- Following these transactions, Merz directly owns 1,265 shares and indirectly owns 521 shares through the company's 401k plan.
- He also holds 2,467 nonqualified employee stock options.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
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 reported transactions provide shareholders with insight into the actions of a key executive.
- These transactions can be used by stakeholders to assess management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/11/2017 | Date options vest in four equal annual installments. |
| 02/08/2018 | Date options vest in four equal annual installments. |
| 03/11/2026 | Expiration date of some nonqualified employee stock options. |
| 02/08/2027 | Expiration date of some nonqualified employee stock options. |
| 07/30/2024 | Date of the reported stock transactions. |
| 08/01/2024 | Date of signature on the Form 4 filing. |
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