YOUR BUSINESS AUTHORITY

Springfield, MO

O’Reilly Auto board members sell thousands of shares

Posted online

O’Reilly Automotive Inc. (Nasdaq: ORLY) board member Larry O’Reilly started the month with a sizable share sale.

O’Reilly disposed of 5,000 shares on Sept. 1 at roughly $197.40 apiece to net $986,993, according to a company filing yesterday with the U.S. Securities and Exchange Commission.

Following the sale, the board director had 142,742 direct shares and 84,798 indirect shares held in a family partnership or a trust, according to the filing.

Last month, fellow board member Rosalie O’Reilly Wooten sold 10,000 shares in separate transactions.

On Aug. 25, Wooten sold 5,000 shares at roughly $201 apiece totaling $1 million. On Aug. 3, she disposed of 5,000 shares at $210.14 apiece to earn $1.1 million, according to SEC filings.

Additionally, O’Reilly Automotive Senior Vice President of Inventory Management Randy Johnson on Aug. 1 sold 1,040 shares at $204.44 apiece, netting $212,618. He also executed a contractual right under the SEC’s transaction code M to buy 1,040 shares at a set price of $22.65 for an investment of $23,556, according to a company filing with the SEC.

On Sept. 1, the Springfield-based auto parts retailer announced the addition of $1 billion to its share repurchase program, bringing the total to $9.75 billion since January 2011.

ORLY shares were trading at $202.03 as of 9 a.m., compared with a 52-week range of $169.43 to $286.57.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Crossroads in Republic ripe for industrial park

Two buildings in a budding Republic industrial park just might be the welcome mat officials need.

Most Read
SBJ Live logo
MOST-WATCHED VIDEOS
Giving Employees a Career Choice

“We think it’s a good thing if every employee has a number of choices. Maybe they’ll want to stay and make a career at Amazon and we welcome that,” says Juan Garcia, Director - Associate …

Training Bootcamp: Training Needs Assessment All workplace problems have root causes. When will training be the solution? Sherry Coker, OTC Center for Workforce Development business development director, provides you the framework of a training needs assessment, which will uncover the root causes of a workplace problem and help you determine if training is the solution. A download is available at workforce.otc.edu/bootcamp with a complete outline for an effective training needs assessment. This is sponsored content. Duration: 2:29
Don’t Micro-Manage Are you guilty of micromanaging your employees? “If we’re going to require them to be that educated when they come to work for us, should we not let them do their job? They should know so much …
Seek Wisdom from Many “My whole life goal is to change the world, one connection at a time,” says Keisha Mabry. Mabry, who is an author, speaker, and social entrepreneur, says she had a “quarter-life crisis” and …
DNA Uncovers Best Version of You A simple swab of the inside of your cheek can lead to optimizing your nutrition and fitness program, personal medication profile, in addition to your ancestry. According to Austin O’Reilly, owner …