CONN TAMARA F. 4
Research Summary
AI-generated summary
O'Reilly (ORLY) SVP & General Counsel Tamara Conn Receives Option Grant
What Happened
Tamara F. Conn, SVP of Legal & General Counsel at O'Reilly Automotive (ORLY), was granted a derivative award on 2026-01-29 covering 3,368 shares. The Form 4 reports the transaction price as $0.00 (an award of options/rights rather than a market purchase); the filing was submitted on 2026-02-02. This is an award (grant) — not a sale or open-market purchase.
Key Details
- Transaction date: 2026-01-29; Filing date: 2026-02-02 (timely per Form 4 rules).
- Transaction type: Award/Grant of derivative securities (reported as "A").
- Amount: 3,368 shares (derivative/option grant); transaction price shown as $0.00.
- Footnote: F1 — "The options vest in four equal annual installments beginning on this date."
- Shares owned after the transaction: Not specified in the summary provided.
- No indication the options were exercised or shares sold at the time of this filing.
Context
This was a compensation-related option grant that vests over four years. Such derivative awards do not convey immediate share ownership — they give the right to acquire shares in the future (subject to vesting and any exercise terms). The filing does not show an immediate sale or cashless exercise; it simply reports the grant.