O'Reilly Auto Files 8-K on Financials & Officer Compensation

TL;DR

**O'Reilly Auto just dropped an 8-K covering financials and exec pay, so check it for performance and compensation updates.**

AI Summary

O'Reilly Automotive, Inc. filed an 8-K on February 7, 2024, to report on its results of operations and financial condition, as well as changes in compensatory arrangements for certain officers. This filing also includes Regulation FD Disclosure and Financial Statements and Exhibits. This matters to investors because it provides crucial, up-to-date financial performance data and details on executive compensation, which can influence the company's profitability and management stability.

Why It Matters

This filing provides investors with current financial performance details and insights into executive compensation, which are key indicators of the company's health and management incentives.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results and officer compensation, which generally does not introduce new risks but rather provides transparency.

Analyst Insight

A smart investor would review the full financial statements and executive compensation details once they become available to assess the company's performance and governance.

Key Numbers

• 20240207 — Filing Date (The date the 8-K was filed with the SEC.)
• 0000898173-24-000006 — Accession Number (Unique identifier for the filing.)
• 16 — Public Document Count (Number of documents included in the filing.)
• 000-21318 — SEC File Number (The company's SEC file number.)

Key Players & Entities

• O'Reilly Automotive, Inc. (company) — the registrant filing the 8-K
• February 7, 2024 (date) — date of earliest event reported and filing date
• 000-21318 (string) — Commission file number
• ORLY (string) — trading symbol for Common Stock

Forward-Looking Statements

• O'Reilly Automotive will likely provide more detailed financial statements in an upcoming 10-K filing. (O'Reilly Automotive, Inc.) — high confidence, target: Q1 2024
• The disclosed compensatory arrangements for officers will be consistent with industry standards. (O'Reilly Automotive, Inc.) — medium confidence, target: N/A

FAQ

Key Financial Figures

• $0.01 — hange on which Registered Common Stock $0.01 par value ORLY The NASDAQ Stock Mark

Filing Documents

• orly-20240207x8k.htm (8-K) — 48KB
• orly-20240207xex99d1.htm (EX-99.1) — 478KB
• orly-20240207xex99d1001.jpg (GRAPHIC) — 31KB
• 0000898173-24-000006.txt ( ) — 725KB
• orly-20240207.xsd (EX-101.SCH) — 3KB
• orly-20240207_lab.xml (EX-101.LAB) — 20KB
• orly-20240207_pre.xml (EX-101.PRE) — 12KB
• orly-20240207x8k_htm.xml (XML) — 4KB

02 – Results of Operations and Financial Condition

Item 2.02 – Results of Operations and Financial Condition On February 7, 2024, O'Reilly Automotive Inc. (the "Company" or "O'Reilly") issued a press release announcing its 2023 fourth quarter and full-year earnings. The text of the press release is attached hereto as Exhibit 99.1. Section 5 – Corporate Governance and Management Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On February 1, 2024, the Company's Board of Directors (the "Board") determined that Jay Burchfield will not be standing for re-election at the Company's upcoming 2024 Annual Meeting of Shareholders (the "Annual Meeting"), consistent with the Board's mandatory retirement age policy. Section 7 – Regulation FD

01 – Regulation FD Disclosure

Item 7.01 – Regulation FD Disclosure On February 7, 2024, the Company issued a press release announcing its 2023 fourth quarter and full-year earnings, which includes a discussion of the Company's previously announced Leadership Succession Plan and the expected retirement of Mr. Burchfield, as discussed above. In addition, the Company announced the Board's intention to nominate Greg Johnson to serve on the Board, to fill the expected vacancy that will be left by Mr. Burchfield upon his retirement, and to be voted on by the Company's shareholders at the Annual Meeting. The text of the press release is attached hereto as Exhibit 99.1. Section 9 – Financial Statements and Exhibits

01 – Financial Statements and Exhibits

Item 9.01 – Financial Statements and Exhibits Exhibit Number Description 99.1 Press release dated February 7, 2024 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document The information in Item 2.02, Item 7.01, and Exhibit 99.1 of this Current Report on Form 8-K shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 7, 2024 O'REILLY AUTOMOTIVE, INC. By: /s/ Jeremy A. Fletcher Jeremy A. Fletcher Executive Vice President and Chief Financial Officer (principal financial and accounting officer)

View Full Filing

View this 8-K filing on SEC EDGAR