PERLMAN DANA 4
Research Summary
AI-generated summary
O'Reilly (ORLY) Director Dana Perlman Receives Restricted Award
What Happened
Dana Perlman, a director of O'Reilly Automotive, was granted 2,035 restricted shares on May 15, 2026 at an assigned value of $88.49 per share, a total value of about $180,077. This was an equity award (not an open-market purchase or sale) and represents compensation rather than a market buy.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (timely filing).
- Award: 2,035 restricted share awards at $88.49 per share; total value ≈ $180,077.
- Shares owned after transaction: 16,355 total shares (2,035 unvested restricted shares + 14,320 shares held directly).
- Vesting: The restricted award vests in one installment on May 13, 2027 (Footnote F1).
- Nature: Code "A" — grant/award; not a purchase/sale/option exercise.
- No indication of a 10b5-1 plan, cashless exercise, gift, or tax-withholding sale in this filing.
Context
Restricted share awards are common director compensation and generally reflect company compensation policy rather than a direct buy signal. The award vests in one year (May 13, 2027); until then those 2,035 shares are unvested and typically subject to forfeiture if vesting conditions aren't met.