On May 4, 2021, Jeff Shaw, Chief Operating Officer and Co-President of O'Reilly
Automotive, Inc. (the "Company"), established a plan in accordance with Rule
10b5-1 of the Securities Exchange Act of 1934, as amended, for the trading of
the Company's common stock. The plan provides for option exercises and
subsequent sales of specified share amounts at specific market prices, subject
to specified limitations. The plan was established for the purpose of
facilitating the exercise and subsequent sale of stock options with a ten-year
contractual life that are due to expire between January 2026 through February
2028. The plan was established during the Company's unrestricted trading window
and at a time when Mr. Shaw was not in possession of material, non-public
information about the Company. Mr. Shaw has informed the Company that he will
publicly disclose, as required by federal securities laws, any option exercises
and stock sales made under this plan.
O'Reilly Automotive, Inc. is one of the largest American distributors of automotive parts. The products are sold under own brands (BesTest®, BrakeBest®, Cartek®, Import Direct®, MasterPro®, MicroGard®, Murray®, Omnispark®, O'Reilly Auto Parts®, Precision®, Power Torque®, Super Start®, Syntec® and Ultima®) and third-party brands (AC Delco, Armor All, Bosch, Castrol, Dorman, Fel-Pro, Gates Rubber, Lucas Oil, Mobil1, Monroe, Moog, Pennzoil, Prestone, Standard, STP, Turtle Wax, Valvoline, Wagner et Wix). The group's activity is primarily organized around 3 families of products:
- automotive parts: alternator, starters, water pumps, chassis parts, etc.;
- maintenance products: antifreeze, filters, etc.;
- accessories: primarily automotive carpets and seat covers.
At the end of 2022, the products were marketed through a network of 5,971 stores located in the United States (5,929) and Mexico (42).