O’Reilly Automotive (ORLY) SVP granted 3,368 nonqualified stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O’Reilly Automotive senior vice president Ramon Parises Odems reported an equity award in the form of 3,368 nonqualified employee stock options. These options allow him to buy common stock at an exercise price of $98.85 per share and expire on 01/29/2036.
The options begin vesting in four equal annual installments starting 01/29/2027, tying the award to multi‑year service. After this grant, he also reports owning 264 shares of O’Reilly common stock directly and 2,144 shares indirectly through the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ODEMS RAMON PARISES
Role
SVP NORTHEAST STORE OPS &SALES
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nonqualified employee stock options (right to buy) | 3,368 | $0.00 | -- |
| holding | Common stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Nonqualified employee stock options (right to buy) — 3,368 shares (Direct);
Common stock — 264 shares (Direct);
Common stock — 2,144 shares (Indirect, Indirectly in the Company's 401k plan.)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did O’Reilly Automotive (ORLY) report for Ramon Parises Odems?
O’Reilly Automotive reported that SVP Ramon Parises Odems received 3,368 nonqualified employee stock options. These options give him the right to buy common stock at a fixed exercise price, aligning compensation with future share performance over a defined multi‑year vesting schedule.
What are the key terms of the 3,368 stock options granted at O’Reilly Automotive (ORLY)?
The grant consists of 3,368 nonqualified employee stock options with a $98.85 exercise price per share. The options begin vesting in four equal annual installments starting 01/29/2027 and expire on 01/29/2036, creating a long‑term incentive tied to continued employment and share value.
How do the new stock options for O’Reilly Automotive (ORLY) SVP vest over time?
The 3,368 options vest in four equal annual installments beginning on 01/29/2027. This means one‑quarter of the options becomes exercisable each year, encouraging multi‑year retention and linking the executive’s potential gain to the company’s stock performance over that period.
Is the O’Reilly Automotive (ORLY) Form 4 transaction a purchase of common stock?
No, the filing reports a grant of 3,368 nonqualified employee stock options, not an open‑market stock purchase. These options provide the right to buy shares at $98.85 later, subject to vesting, rather than representing immediate ownership of additional common stock today.