Company: ORLY
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0000898173-25-000013
Chunk: 43

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 43
---
 Company’s overall best interest and in the best interest of the Company’s shareholders. The quarterly Audit Committee meeting includes a standing agenda item for the review of such related party transactions. The Audit Committee has not adopted any specific procedures for the conduct of the reviews, rather each transaction is considered in light of the individual facts and circumstances. In the course of its review and approval of a transaction, the Audit Committee considers the following, among other factors it deems appropriate:

| ● | Whether the transaction is fair and reasonable to the Company. |

| ● | The business reasons for the transaction. |

| ​                                | ​                    |
| 68  |  O’REILLY AUTOMOTIVE, INC. | 2025 PROXY STATEMENT |

| ​ | ​                                  |
| ​ | COMPENSATION OF EXECUTIVE OFFICERS |

| ● | Whether the transaction would impair the independence of one or more of the Company’s Officers or Directors. |

| ● | Whether the transaction is material, taking into account the significance of the transaction. |

During 2024, all related party transactions were reviewed in accordance with the above procedures.

| ​                    | ​                                |
| 2025 PROXY STATEMENT | O’REILLY AUTOMOTIVE, INC.  |  69 |

SHARE OWNERSHIP INFORMATION SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS The following table summarizes information as of December 31, 2024, with respect to each person or other entity (other than management) known to the Company to be the beneficial owner of more than five percent (5%) of its outstanding shares of common stock.

| ​              | ​ | ​                                    | ​ |                    ​ | ​    |          ​ | ​ |
| ​              |   | ​                                    |   | Amount and Nature of | ​    | Percent of | ​ |
| Class of Stock |   | Name and Address of Beneficial Owner |   | Beneficial Ownership | ​    |      Class | ​ |
| Common Stock   |   | The Vanguard Group                   
 100 Vanguard Boulevard               
 Malvern, Pennsylvania 19355          |   |            5,008,337 | (1)​ |        8.5 | % |
| Common Stock   |   | BlackRock, Inc.                      
 50 Hudson Yards                      
 New York, New York 10001             |   |            4,056,813 | (2)​ |        6.9 | % |

|