Company: ORLY
Filing Date: 2025-03-13
Form Type: 8-K
Source: 0000898173-25-000010
Chunk: 1

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-03-13
Form: 8-K
Item: Item 8.01
Chunk 1
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Item 8.01 – Other Events

On March 12, 2025, the Board of Directors of the Company (the “ Board”) approved a 15-for-1 split of the Company’s common stock to be effected in the form of a one-time special stock dividend (the “ Stock Split”), subject to shareholder approval of an amendment to the Company’s Articles of Incorporation to increase the number of authorized shares of common stock to accommodate the Stock Split. The Company intends to seek shareholder approval for this amendment at the 2025 annual meeting of shareholders. If the amendment is approved and the Board proceeds with the Stock Split, shareholders of record as of June 2, 2025 will receive fourteen additional shares of common stock for each share held, which will be distributed after market close on June 9, 2025. Shares of common stock are expected to begin trading on a post-split basis at the market open on June 10, 2025.

If the Stock Split is effected, proportionate adjustments will be made to the number of shares of the Company’s common stock underlying the Company’s outstanding stock awards; the number of shares issuable under the Company’s equity incentive plans and existing agreements, as well as the exercise or conversion price, as applicable; and the Company’s authorized buyback programs, as applicable.

Section 9 - Financial Statements and Exhibits

Item 9.01 - Financial Statements and Exhibits