CHRISTOPHER ANDREW MANCINI - 17 Jan 2024 Form 4 Insider Report for O REILLY AUTOMOTIVE INC (ORLY)

Signature
/s/ Chris A. Mancini
Issuer symbol
ORLY
Transactions as of
17 Jan 2024
Net transactions value
-$1,139,535
Form type
4
Filing time
19 Jan 2024, 16:31:45 UTC
Previous filing
09 Nov 2023
Next filing
05 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORLY Common stock Options Exercise $360,465 +1,500 $240.31 1,500 17 Jan 2024 Direct F1
transaction ORLY Common Stock Sale $1,500,000 -1,500 -100% $1000.00 0 17 Jan 2024 Direct F1
holding ORLY Common stock 95 17 Jan 2024 Indirectly in the Company's 401k plan.

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ORLY Nonqualified employee stock options (right to buy) Options Exercise $0 -1,500 -30% $0.000000 3,500 17 Jan 2024 Common stock 1,500 $240.31 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were made pursuant to a 10b5-1 trading plan adopted on August 23, 2023.
F2 The options vest in four equal annual installments beginning on this date.