O'Reilly SVP sells 3,700 shares after exercising
O'Reilly Automotive senior vice president of real estate and expansion Philip M. Hopper reported an exercise-and-sell transaction in company common stock.
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Form Type
4
Rhea-AI Filing Summary
O'Reilly Automotive senior vice president of real estate and expansion Philip M. Hopper reported an exercise-and-sell transaction in company common stock. He exercised nonqualified employee stock options for 3,700 shares at $17.9800 per share and sold 3,700 shares in an open-market sale at an average price of $94.6048 per share on May 7, 2026. After these transactions, he holds 4,888 shares directly and 1,194 shares indirectly through the company's 401k plan, along with 465 remaining stock options expiring on March 10, 2027.
Insider Trade Summary
Exercise and Sale: 3,700 shares ($284K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
HOPPER PHILIP M
Role
SVP OF REAL ESTATE & EXPANSION
Sold
3,700 shs ($350K)
Approx. gross sale proceeds
$350K
Approx. exercise cost
$67K
Approx. pre-tax spread
$284K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Nonqualified employee stock options (right to buy) | 3,700 | $0.00 | $0.00 |
| Exercise | Common stock | 3,700 | $17.98 | $67K |
| Sale | Common stock | 3,700 | $94.6048 | $350K |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Nonqualified employee stock options (right to buy) — 465 contracts (Direct);
Common stock — 4,888 shares (Direct);
Common stock — 1,194 shares (Indirect, Indirectly in the Company's 401k Plan.)
Footnotes (1)
- F1. The options vest in four equal annual installments beginning on this date.
Key Figures
Shares sold: 3,700 shares
Sale price: $94.6048 per share
Options exercised: 3,700 options
+5 more
8 metrics
Shares sold
3,700 shares
Open-market sale of common stock on May 7, 2026
Sale price
$94.6048 per share
Average price for 3,700 common shares sold
Options exercised
3,700 options
Nonqualified employee stock options exercised into common stock
Option exercise price
$17.9800 per share
Conversion or exercise price of nonqualified options
Direct holdings after
4,888 shares
Common stock directly owned after transactions
Indirect 401k holdings
1,194 shares
Common stock held indirectly in the company's 401k plan
Remaining options
465 options
Nonqualified employee stock options remaining after exercise
Option expiration date
March 10, 2027
Expiration of nonqualified employee stock options
Key Terms
Nonqualified employee stock options, open-market sale, indirectly in the Company's 401k Plan, derivative exercise/conversion, +1 more
5 terms
Nonqualified employee stock options financial
"Nonqualified employee stock options (right to buy)"
A nonqualified employee stock option is a company grant that gives an employee the right to buy a set number of shares at a fixed price for a limited time. Unlike special tax-favored options, the difference between the market price and the fixed price is treated like regular pay when the employee exercises the option, so taxes and employer withholding apply at that moment. Investors care because these options can increase the number of shares outstanding (dilution) and create payroll-related cash flows and future selling pressure as employees exercise and sell shares — think of them as employee coupons to buy stock that affect both company ownership and reported costs.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirectly in the Company's 401k Plan financial
"nature_of_ownership": "Indirectly in the Company's 401k Plan.""
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did O'Reilly Automotive (ORLY) report for Philip M. Hopper?
O'Reilly Automotive reported that executive Philip M. Hopper exercised 3,700 stock options and sold 3,700 common shares in an open-market transaction. The trades occurred on May 7, 2026, as part of routine equity compensation activity disclosed in a Form 4 filing.
What stock options did the O'Reilly Automotive (ORLY) insider exercise in this Form 4?
The insider exercised 3,700 nonqualified employee stock options, each with a conversion or exercise price of $17.9800 per share. These options were scheduled to expire on March 10, 2027, and vested in four equal annual installments beginning on the original vesting date.
What are Philip M. Hopper’s O'Reilly Automotive (ORLY) holdings after the reported transactions?
Following the May 7, 2026 transactions, Philip M. Hopper holds 4,888 O'Reilly Automotive common shares directly and 1,194 shares indirectly in the company’s 401k plan. He also retains 465 nonqualified employee stock options exercisable into additional common shares.
Is the O'Reilly Automotive (ORLY) Form 4 transaction a buy or sell signal?
The Form 4 reflects a mixed transaction combining an option exercise and a same-day open-market sale of 3,700 shares. This pattern typically represents routine liquidity from equity compensation rather than a pure buy or sell signal on the company’s prospects.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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