Company: ORLY
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0000898173-25-000013
Chunk: 32

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 32
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 extent that compensation exceeds $1 million per officer in any year. The Human Capital and Compensation Committee believes that in establishing the cash and equity incentive compensation programs for the Company’s executive officers, the potential deductibility of the compensation payable under those programs should be only one of a number of relevant factors taken into consideration, and not the sole governing factor. Accordingly, the Human Capital and Compensation Committee may provide one or more executive officers with the opportunity to earn compensation, whether through base salary, cash incentive-based compensation programs tied to the Company’s financial performance, or share-based awards in the form of restricted stock or stock options, which may be in excess of the amount deductible by reason of Section 162(m) or other provisions of the Code. The Company believes it is important to maintain incentive compensation at the requisite level to attract and retain the executive officers essential to the Company’s financial success, even if a portion of that compensation may not be tax deductible by reason of the Section 162(m) limitation.

#### ​​​2025PROXY STATEMENTO’REILLY AUTOMOTIVE, INC.  |  53​
| ​                                  | ​ |
| COMPENSATION OF EXECUTIVE OFFICERS | ​ |

Compensation Mix The following table summarizes the Company’s actual compensation mix that resulted in 2024 from the compensation programs and practices described above, which includes base salary, restricted stock awards or stock options, non-equity incentive compensation and/or other benefits, for each of its NEOs:

| ​                                                      | ​ |      ​ | ​ |          ​ | ​ |       ​ | ​ |            ​ | ​ |        ​ | ​ |            ​ | ​ |
| ​                                                      |   |      ​ |   | Restricted |   |       ​ |   |   Non-Equity |   |        ​ |   |            ​ |   |
| ​                                                      | ​ |   Base | ​ |      Stock | ​ |   Stock | ​ |    Incentive | ​ |    Other | ​ |        Total | ​ |
| Named Executive Officer                                | ​ | Salary | ​ |     Awards | ​ | Options | ​ | Compensation | ​ | Benefits | ​ | Compensation | ​ |
| Greg Henslee                                           | ​ |      ​ | ​ |          ​ | ​ |       ​ | ​ |            ​ | ​ |        ​ | ​ |            ​ | ​ |
| Executive Chairman of the Board                        |   |     63 | % |         32 | % |       —