REAVES SHARI LYNNE 4
Research Summary
AI-generated summary
O'Reilly (ORLY) SVP Shari Reaves Receives 3,368-Share Award
What Happened
- Shari Lynne Reaves, SVP of HR and Training at O'Reilly Automotive (ORLY), was granted a derivative award of 3,368 shares on January 29, 2026. The Form 4 shows an acquisition price of $0, indicating a compensatory equity grant rather than a market purchase.
Key Details
- Transaction date and type: 2026-01-29 — Grant/Award/Other acquisition (code A)
- Quantity and price: 3,368 shares @ $0.00 (derivative award)
- Shares owned after transaction: Not specified in the filing
- Footnote: Options vest in four equal annual installments beginning on the grant date
- Filing date and timeliness: Form filed 2026-02-02; filed within the SEC’s 2-business-day deadline (timely)
Context
- This was a compensatory derivative grant (likely stock options or restricted units) that vests over four years; no cash was exchanged and there was no immediate sale. Such awards are common as part of executive compensation and do not, by themselves, indicate a buy or sell signal.