O’Reilly Automotive names new chief supply chain officer

O’Reilly Automotive, Inc. appointed Colin Yankee as Executive Vice President and Chief Supply Chain Officer, effective July 13, 2026.

Rhea-AI Filing Summary

O’Reilly Automotive, Inc. appointed Colin Yankee as Executive Vice President and Chief Supply Chain Officer, effective July 13, 2026. He will oversee merchandise, inventory management, distribution operations, and transportation. Yankee brings more than 20 years of retail supply chain experience, most recently serving as Executive Vice President, Chief Supply Chain Officer at Tractor Supply Company since February 2020, with prior roles at Neiman Marcus and Target Corporation.

His compensation includes an annual base salary of $700,000, eligibility for an annual performance incentive with a target of 85% of base salary, and a stock option award with an estimated future fair value equal to 100% of his base salary, granted alongside other executive officers’ annual awards. He will also receive a position-level stock option grant with a $500,000 grant-date fair value on July 13, 2026, valued using the Black-Scholes option pricing model, plus benefits and a change in control severance agreement on terms consistent with other executive officers.

Insights

Corporate governance analyst

Senior supply chain hire with standard large-cap executive pay package.

The company is adding Colin Yankee as Executive Vice President and Chief Supply Chain Officer, consolidating responsibility for merchandise, inventory, distribution, and transportation under a seasoned retail operator. His recent role at Tractor Supply Company and earlier experience at Neiman Marcus and Target suggest familiarity with complex, multi-channel supply chains.

The pay structure—$700,000 base salary, an annual incentive target of 85% of base, and stock options equal to $700,000 in estimated fair value, plus a $500,000 position-level option grant—aligns his upside with equity performance. A change in control severance agreement mirrors terms for other executive officers, indicating a consistent governance framework rather than a bespoke arrangement specific to this hire.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Base salary: $700,000 Annual incentive target: 85% of base salary Annual stock option value: 100% of annual base salary +3 more

6 metrics

Base salary $700,000 Annual base salary for Colin Yankee as Executive Vice President and Chief Supply Chain Officer

Annual incentive target 85% of base salary Target bonus opportunity under the annual performance incentive plan

Annual stock option value 100% of annual base salary Estimated future fair value of annual stock option award for Colin Yankee

Hiring stock option grant $500,000 Grant-date fair value of position level stock option award on July 13, 2026

Effective date of appointment July 13, 2026 Date Colin Yankee becomes Executive Vice President and Chief Supply Chain Officer

Age of appointee 49 Age of Colin Yankee at the time of his appointment

Key Terms

change in control severance agreement, Black-Scholes option pricing model, emerging growth company

3 terms

change in control severance agreement financial

"The Company has entered into a change in control severance agreement with Mr. Yankee"

Black-Scholes option pricing model financial

"grant-date fair value of $500,000, to be granted on July 13, 2026, and determined using the Black-Scholes option pricing model"

The Black–Scholes option pricing model is a mathematical formula that estimates the fair price of an option by combining the current stock price, strike price, time until expiration, the expected size of price swings (volatility), and the prevailing safe interest rate. Investors use it like a weather forecast or recipe: it provides a consistent way to value option contracts so traders can compare prices, decide if an option is under- or over-priced, and manage risk.

emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

What executive role did O’Reilly Automotive (ORLY) announce on July 10, 2026?

O’Reilly Automotive appointed Colin Yankee as Executive Vice President and Chief Supply Chain Officer, effective July 13, 2026. He will oversee merchandise, inventory management, distribution operations, and transportation across the company’s supply chain.

What is Colin Yankee’s base salary at O’Reilly Automotive (ORLY)?

Colin Yankee will receive an annual base salary of $700,000. This salary is supplemented by eligibility for an annual performance incentive and significant stock option awards tied to his base salary and hiring.

How is Colin Yankee’s bonus opportunity structured at O’Reilly Automotive (ORLY)?

He is eligible for an annual incentive target of 85% of his $700,000 base salary. The actual payout will depend on O’Reilly’s performance against the same criteria used for its other executive officers.

What equity awards will Colin Yankee receive at O’Reilly Automotive (ORLY)?

He will receive stock options with an estimated future fair value equal to 100% of his base salary and a $500,000 position-level option grant. The hiring grant’s fair value is calculated using the Black-Scholes option pricing model.

Does Colin Yankee have a change in control agreement with O’Reilly Automotive (ORLY)?

Yes, O’Reilly has entered into a change in control severance agreement with Colin Yankee. The agreement includes the same terms and provisions that apply to the company’s other executive officers.

Are there related-party relationships disclosed for Colin Yankee at O’Reilly Automotive (ORLY)?

The company states there are no family relationships or related-party transactions involving Colin Yankee requiring disclosure. His selection as an officer is not based on arrangements with any other person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/10/2026 - 04:31 PM Accepted by SEC EDGAR 07/10/2026 - 04:31 PM Learn about SEC filing dates

0000898173falseO Reilly Automotive Inc00008981732026-07-102026-07-10

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT TO

SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

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Date of Report (date of earliest event reported): July 10, 2026

O’Reilly Automotive, Inc.

(Exact name of registrant as specified in its charter)

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​	​	​	​	​
Missouri	​	000-21318	​	27-4358837
(State or other jurisdiction	​	Commission file	​	(I.R.S. Employer
of incorporation or organization)	​	number	​	Identification No.)

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233 South Patterson Avenue

Springfield, Missouri 65802

(Address of principal executive offices, Zip code)

(417) 862-6708

(Registrant’s telephone number, including area code)

Not applicable

(Former name, former address and former fiscal year, if changed since last report)

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):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

​

Securities registered pursuant to Section 12(b) of the Act:

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​	​	​	​	​
Title of Each Class	​	Trading Symbol(s)	​	Name of Each Exchange on which Registered
Common Stock $0.01 par value	​	ORLY	​	The NASDAQ Stock Market LLC
​	​	​	​	(NASDAQ Global Select Market)

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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).

☐ Emerging growth company

​

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.  ☐

​

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Section 5 – Corporate Governance and Management

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Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) has appointed Colin Yankee as Executive Vice President and Chief Supply Chain Officer, effective July 13, 2026.  In this position, Mr. Yankee will be responsible for all aspects of our supply chain operations including merchandise, inventory management, distribution operations, and transportation.

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Mr. Yankee, age 49, joins O’Reilly with more than 20 years of retail supply chain experience.  Prior to joining O’Reilly, Mr. Yankee held the position of Executive Vice President, Chief Supply Chain Officer at Tractor Supply Company since February 2020, where he had responsibility for the end-to-end supply chain, global sourcing and trade compliance, inventory management, and e-commerce and omni-channel operations.   Mr. Yankee’s career also includes supply chain and distribution operations positions with Neiman Marcus and Target Corporation.

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Mr. Yankee will receive an annual base salary of $700,000 and will be eligible to participate in the annual performance incentive compensation plan, with an annual incentive target of 85% of his base salary, based on the Company’s actual performance as measured against the same criteria that are applicable to the Company’s other executive officers.  Mr. Yankee will receive a stock option award with an estimated future fair value of 100% of his annual base salary, granted at the same time that annual grants for the Company’s other executive officers are awarded.  In addition, Mr. Yankee will receive a position level stock option award in connection with his hiring, with a grant-date fair value of $500,000, to be granted on July 13, 2026, and determined using the Black-Scholes option pricing model.  He will also be eligible for other benefits and perquisites on terms substantially similar to those that apply to other executive officers of the Company.  The Company has entered into a change in control severance agreement with Mr. Yankee, which includes the same terms and provisions as those for the Company’s other executive officers.

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There are no arrangements or understanding between Mr. Yankee and any other person pursuant to which Mr. Yankee was selected as an officer, there are no family relationships between Mr. Yankee and any director or other officer of the Company, and there are no transactions in which the Company is a party and in which Mr. Yankee has a material interest subject to disclosure under Item 404(a) of Regulation S-K.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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​	​	​
Date: July 10, 2026	O’REILLY AUTOMOTIVE, INC.
​	​	​
​	By:	/s/ Jeremy A. Fletcher
​	​	Jeremy A. Fletcher
​	​	Executive Vice President and Chief Financial Officer
​	​	(principal financial and accounting officer)

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Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 EX-101.SCH 3.0 KB
• EX-101 EX-101.LAB 19.6 KB
• EX-101 EX-101.PRE 12.1 KB