LOAFMAN JEFFERY THOMAS 4
Research Summary
AI-generated summary
O'Reilly (ORLY) SVP Jeffery Loafman Receives Award of 3,368 Options
What Happened
- Jeffery Thomas Loafman, SVP of Distribution Operations at O'Reilly Automotive (ORLY), was granted a derivative award covering 3,368 shares on January 29, 2026. The filing shows $0.00 paid at grant (no cash exchanged at grant date). This was an award of options (derivative securities), not a sale or open-market purchase.
Key Details
- Transaction date: 2026-01-29; Grant type: Award/Acquisition (derivative); Reported price: $0.00.
- Shares involved: 3,368 derivative shares (options).
- Vesting: The options vest in four equal annual installments beginning on the grant date (first installment vests on 2026-01-29). (Footnote F1)
- Shares owned after the transaction: Not specified in the summary provided (see the full Form 4 for total holdings).
- Filing timeliness: Report filed 2026-02-02 — appears to be within the standard 2-business-day Form 4 window (not marked late).
Context
- This was a grant of option-based awards (derivative securities). No exercise or sale occurred — the award creates potential future stock exposure subject to the vesting schedule. Such awards are common part of executive compensation and do not by themselves indicate buying or selling intent. See the full SEC Form 4 for any additional terms (exercise price, expiration, or supplemental footnotes).