ASBJORNSON NORMAN H 4
4 · AAON, INC. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
AAON 10% Owner Norman H. Asbjornson Receives Award
What Happened
Norman H. Asbjornson, a reported 10% owner of AAON, Inc. (AAON), was granted an award of 1,290 shares on 2026-05-12. The shares were granted at a $0.00 per-share price (no cash paid at grant). This was a compensation award (not an open-market purchase or sale) and does not represent an immediate sale or cash proceeds.
Key Details
- Transaction date: 2026-05-12 — Grant (code A) of 1,290 shares at $0.00 per share.
- Filing date / accession: Form 4 filed 2026-05-15 (three days after the transaction); Form 4s are generally required within two business days, so this appears to have been filed after the typical deadline.
- Shares owned after the transaction: Not provided in the supplied filing details.
- Footnote: The award was granted under the Issuer’s 2024 Long Term Incentive Plan and is exercisable or vests on the first anniversary of the grant date (per footnote F1).
Context
This was a compensation/retention award that vests in one year — not a purchase or sale. Such grants are common for aligning long-term insider ownership with shareholder interests but do not by themselves signal immediate buying or selling. As a reported 10% owner, Asbjornson is a substantial holder under Section 16 rules and is subject to insider reporting requirements.
Insider Transaction Report
- Award
Common Stock, par value $.004
[F1]2026-05-12+1,290→ 98,794 total
- 10,837(indirect: By 401(k))
Common Stock, par value $.004
- 1,289,290(indirect: By Foundation)
Common Stock, par value $.004
- 11,683,842(indirect: By Trust)
Common Stock, par value $.004
- 53,805
Stock Option (Right to Buy)
Exercise: $22.93From: 2022-05-12Exp: 2027-02-22→ Common Stock (53,805 underlying) - 173,550
Stock Option (Right to Buy)
Exercise: $24.63From: 2022-05-12Exp: 2028-01-02→ Common Stock (173,550 underlying) - 285,000
Stock Option (Right to Buy)
Exercise: $27.58From: 2022-05-12Exp: 2029-03-11→ Common Stock (285,000 underlying) - 16,429
Stock Option (Right to Buy)
Exercise: $48.91From: 2022-05-12Exp: 2031-03-11→ Common Stock (16,429 underlying) - 118,320
Stock Option (Right to Buy)
Exercise: $29.48From: 2022-05-12Exp: 2030-03-11→ Common Stock (118,320 underlying)
Footnotes (1)
- [F1]This stock award is granted under the Issuer's 2024 Long Term Incentive Plan and is exercisable or vests on the first anniversary of the date of the grant.