On November 30, 2022, Jeff Lauro, Senior Vice President of Information
Technology 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 the sales
of specified share amounts at specific market prices, subject to specified
limitations. The plan was established for the purposes of facilitating the
exercise and subsequent sale of stock options with a ten-year contractual life
that are due to expire January 2026. The plan was established during the
Company's unrestricted trading window and at a time when Mr. Lauro was not in
possession of material, non-public information about the Company. Mr. Lauro 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).