{"schema_version":"secwatch.filing_event.v1","accession":"0000898173-23-000061","form_type":"8-K","ticker":"ORLY","cik":"0000898173","company_name":"O REILLY AUTOMOTIVE INC","filed_at":"2023-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.335524+00:00","generated_at":"2026-06-08T01:53:26.948894+00:00","sec_items":["5.02","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 $25.75B total","bullets":["Board approved $2.0B increase in share repurchase program, raising aggregate authorization to $25.75B.","New authorization effective for three years starting November 16, 2023.","In conjunction with CEO Greg Johnson's retirement, cancelled his Feb 2023 stock option award and replaced with cash-based award of equivalent value payable upon retirement.","Repurchases will be made via open market at Company's discretion; no assurance on number of shares."],"urls":{"canonical":"https://secwatch.observer/filing/0000898173-23-000061","json":"https://secwatch.observer/filing/0000898173-23-000061.json","markdown":"https://secwatch.observer/filing/0000898173-23-000061.md","text":"https://secwatch.observer/filing/0000898173-23-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000061/0000898173-23-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000061/orly-20231116x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T01:53:26.948894+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":"9e7bff3962","claim":"Greg Johnson retired as Chief Executive Officer at O REILLY AUTOMOTIVE INC.","evidence_excerpt":"On November 16, 2023, in conjunction with the previously announced retirement of Greg Johnson, O’Reilly Automotive, Inc’s (the “Company”) Chief Executive Officer, the Company announced that the Human Capital and Compensation Committee of the Company’s Board of Director’s (the “Board”) recommended, and the Board approved, the cancellation of Mr. Johnson’s February 2, 2023, non-qualified stock option award","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/898173/000089817323000061/0000898173-23-000061-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}