{"schema_version":"secwatch.filing_event.v1","accession":"0000898173-23-000031","form_type":"8-K","ticker":"ORLY","cik":"0000898173","company_name":"O REILLY AUTOMOTIVE INC","filed_at":"2023-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.723552+00:00","generated_at":"2026-06-14T17:44:32.364774+00:00","sec_items":["5.02","5.07","8.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"O'Reilly Automotive boosts share repurchase authorization by $2.0B to $23.75B","bullets":["Board approved additional $2.0B authorization, effective for three years beginning May 23, 2023.","Aggregate repurchase authorization raised to $23.75B; open-market purchases at prevailing prices.","All 10 director nominees elected; broker non-votes of ~5.37M for each.","Shareholders approved say-on-pay (45.7M for) and ratified Ernst & Young as auditor (52.7M for).","Shareholder proposal for independent board chairman defeated (27.1M against vs 22.9M for)."],"urls":{"canonical":"https://secwatch.observer/filing/0000898173-23-000031","json":"https://secwatch.observer/filing/0000898173-23-000031.json","markdown":"https://secwatch.observer/filing/0000898173-23-000031.md","text":"https://secwatch.observer/filing/0000898173-23-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000031/0000898173-23-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000031/orly-20230518x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T17:44:32.364774+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6df4f1d893698efd87fb33ec924ab96a5e814944","claim":"O REILLY AUTOMOTIVE INC shareholders approved Ratification of appointment of Ernst & Young LLP as independent auditors at the 2023-05-23 meeting.","evidence_excerpt":"52,686,702 ​ 2,842,882 ​ 37,640","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000031/0000898173-23-000031-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-23"}],"fact_type":"shareholder_vote"},{"claim_id":"b315de06617e516927a00ff541dcdb297ddda018","claim":"O REILLY AUTOMOTIVE INC shareholders rejected Shareholder proposal: Independent Board Chairman at the 2023-05-23 meeting.","evidence_excerpt":"22,995,323 ​ 27,110,248 ​ 95,370 ​ 5,366,283","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000031/0000898173-23-000031-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2023-05-23"}],"fact_type":"shareholder_vote"},{"claim_id":"dfdf9fc248de85b170d79a7b1b4a44e3b3d72a7a","claim":"O REILLY AUTOMOTIVE INC shareholders approved Election of directors at the 2023-05-23 meeting.","evidence_excerpt":"Greg Henslee ​ 47,182,089 ​ 2,974,595 ​ 44,257 ​ 5,366,283 David O'Reilly ​ 48,373,080 ​ 1,786,725 ​ 41,136 ​ 5,366,283 Larry O'Reilly ​ 47,119,384 ​ 3,040,811 ​ 40,746 ​ 5,366,283 Jay D. Burchfield ​ 45,110,758 ​ 5,023,530 ​ 66,653 ​ 5,366,283 Thomas T. Hendrickson ​ 46,936,545 ​ 3,186,444 ​ 77,952 ​ 5,366,283 John R. Murphy ​ 45,120,301 ​ 4,992,573 ​ 88,067 ​ 5,366,283 Dana M. Perlman ​ 44,673,625 ​ 5,425,518 ​ 101,798 ​ 5,366,283 Maria A. Sastre ​ 49,253,937 ​ 848,578 ​ 98,426 ​ 5,366,283 Andrea M. Weiss ​ 49,228,172 ​ 880,001 ​ 92,768 ​ 5,366,283 Fred Whitfield ​ 45,163,161 ​ 4,370,265 ​ 667,515 ​ 5,366,283","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000031/0000898173-23-000031-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-23"}],"fact_type":"shareholder_vote"},{"claim_id":"e230c3dd607acc7aa8f6ce4d9a6b9cb76d001733","claim":"O REILLY AUTOMOTIVE INC shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-05-23 meeting.","evidence_excerpt":"1 Year ​ 2 Years ​ 3 Years ​ Abstain ​ Broker Non-Votes 49,466,086 ​ 114,190 ​ 563,053 ​ 57,612 ​ 5,366,283","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000031/0000898173-23-000031-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-23"}],"fact_type":"shareholder_vote"},{"claim_id":"f6c6b31ee23aacd22b6e3626e3761c60f3e2d2a5","claim":"O REILLY AUTOMOTIVE INC shareholders approved Advisory vote on executive compensation at the 2023-05-23 meeting.","evidence_excerpt":"45,658,522 ​ 4,378,008 ​ 164,411 ​ 5,366,283","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000031/0000898173-23-000031-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-23"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}