UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported):
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):
Securities registered pursuant to Section 12(b) of the Act:
(NASDAQ Global Select Market) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of Securities Act of 1933 (230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 8 – Other Events
Item 8.01 – Other Events
On August 17, 2020, Jeff Shaw, Chief Operating Officer and Co-President of O’Reilly Automotive, Inc. (“the Company”), established a plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, for the trading of the Company’s common stock. The plan provides for option exercises and subsequent sales of specified share amounts at specific market prices, subject to specified limitations. The plan was established for the purpose of facilitating the exercise and subsequent sale of stock options with a ten-year contractual life that are due to expire in January 2023 and January 2024. The plan was established during the Company’s unrestricted trading window and at a time when Mr. Shaw was not in possession of material, non-public information about the Company. Mr. Shaw has informed the Company that he will publicly disclose, as required by federal securities laws, any option exercises and stock sales made under this plan.
On August 20, 2020, Greg Henslee, Executive Vice Chairman of the Board of the Company, established a plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, for the trading of the Company’s common stock. The plan provides for option exercises and subsequent sales of specified share amounts at specific market prices, subject to specified limitations. The plan was established for the purpose of facilitating the exercise and subsequent sale of stock options with a ten-year contractual life that are due to expire in February 2022. The plan was established during the Company’s unrestricted trading window and at a time when Mr. Henslee was not in possession of material, non-public information about the Company. Mr. Henslee has informed the Company that he will publicly disclose, as required by federal securities laws, any option exercises and stock sales made under this plan.
Document and Entity Information Document and Entity Information |
Aug. 17, 2020 |
|---|---|
| Cover Page | |
| Document type | 8-K |
| Amendment flag | false |
| Document period end date | Aug. 17, 2020 |
| Entity registrant name | O Reilly Automotive Inc |
| Entity central index key | 0000898173 |
| Entity incorporation, state | MO |
| Entity file number | 000-21318 |
| Entity tax identification number | 27-4358837 |
| Entity address | 233 South Patterson Avenue |
| Entity address, city | Springfield |
| Entity address, state | MO |
| Entity address, postal zip code | 65802 |
| City area code | 417 |
| Local phone number | 862-6708 |
| Written communications | false |
| Soliciting material | false |
| Pre-commencement tender offer | false |
| Pre-commencement issuer tender offer | false |
| Title of 12(b) security | Common Stock |
| Trading symbol | ORLY |
| Security exchange name | NASDAQ |
| Entity emerging growth company | false |