Company: ORLY
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0000898173-25-000017
Chunk: 32

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 32
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| (ii) | The “Other Perquisites and Personal Benefits” column for each NEO for 2024 included perquisites and personal benefits valued at less than $10,000 for each benefit, which consisted primarily of an annual holiday gift award for all NEOs, except for Mr. Johnson, whose consisted entirely of the payout of earned unused paid time off, consistent with the Company’s policy for all eligible Team Members. |

| (f) | In November of 2023, in connection with Mr. Johnson’s retirement in January of 2024, his stock option award granted in February of 2023 was cancelled and substituted with a cash-based award with an equivalent grant-date fair value of the cancelled stock option award equal to $1,475,000, which is included in the “Bonus” column for the year ended December 31, 2023.  Such cash-based award was earned by and paid to Mr. Johnson in early 2024, following his retirement, and such cancellation and substitution was recommended by the Human Capital and Compensation Committee and approved by the Board.  Therefore, for purposes of the table above, Mr. Johnson is shown as having no equity-based compensation awarded in 2023. |

| (g) | Mr. Beckham was promoted to Chief Executive Officer in February of 2024. |

| (h) | Mr. Kirby’s title changed to President in February of 2024. |

| (i) | Mr. Fletcher was promoted to Executive Vice President and Chief Financial Officer in May of 2022. |

| (j) | Mr. Ross joined the Company in October of 2023 and received a one-time stock option award aligned with his position at that time. |

| ​                    | ​                                |
| 2025 PROXY STATEMENT | O’REILLY AUTOMOTIVE, INC.  |  57 |

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

The following table summarizes all awards granted during the year ended December 31, 2024, to each of the NEOs:

| ​                           | ​ | ​        | ​ | ​                          | ​ |         ​ | ​ | ​           | ​ |            ​ | ​ |           ​ | ​ |        ​ | ​ |         ​ |
| GRANTS OF PLAN BASED AWARDS |   |          |   |                            |   |           |   |             |   |              |   |