Thompson Rebecca 4
Research Summary
AI-generated summary
AAON CAO Rebecca Thompson Exercises Options, Sells 400 Shares
What Happened
- Rebecca Thompson, Chief Accounting Officer of AAON, exercised 400 option shares at an exercise price of $29.48 per share (cost $11,792) on April 27, 2026 and sold 400 common shares in the open market the same day for a weighted average price of $100.27 per share (gross proceeds $40,108). The transactions resulted in an approximate net cash realized of $28,316 (proceeds minus exercise cost). This is an exercise-plus-sale (cashless-style) transaction rather than a purchase intended to add to holdings.
Key Details
- Transaction date: April 27, 2026.
- Exercise: 400 shares @ $29.48 = $11,792 (reported as "M" — option exercise/conversion).
- Sale: 400 shares @ weighted avg $100.27 = $40,108 (reported as "S" — open market sale).
- Footnote: Sale executed in multiple trades at prices from $100.07 to $100.36; $100.27 is the weighted average price (F1).
- Shares owned after the transaction: not specified in the provided filing summary.
- Filing date: April 29, 2026 (filed two days after the transactions; filing appears timely).
Context
- Because the insider exercised options and sold the same number of shares on the same day, this is effectively a cashless exercise — converting options to stock and immediately selling those shares to realize proceeds. Such transactions are common for covering exercise costs and taxes and do not necessarily signal a directional view on the company.