TARRANT JASON LEE 4

What Happened

• Jason Lee Tarrant, EVP Store Operations & Sales at O'Reilly Automotive (ORLY), was granted 14,303 derivative shares (reported as an award/option) on January 29, 2026. The filing reports an acquisition price of $0.00 and a total reported value of $0 — this reflects a non‑cash equity award (derivative securities), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-01-29; Form 4 filed: 2026-02-02 (timely).
• Type: Grant / award of derivative securities (code A on the Form 4).
• Quantity: 14,303 shares; reported price: $0.00; reported total: $0.
• Vesting: Footnote states the options vest in four equal annual installments beginning on the grant date.
• Shares owned after transaction: Not disclosed in the provided summary of the filing.
• No indication of a sale or cash exercise; this is a compensation grant.

Context

• This is a compensation grant to an executive, commonly used to retain key employees; such awards are routine and do not by themselves signal buying or selling intent.
• Because these are derivative awards that vest over time, the economic benefit to the insider accrues only as vesting conditions are met.