Thompson Rebecca 4/A
Research Summary
AI-generated summary
AAON (AAON) Chief Accounting Officer Rebecca Thompson Exercises Options, Sells Shares
What Happened
Rebecca Thompson, Chief Accounting Officer of AAON, exercised 7,292 stock options on April 23, 2026 at an exercise price of $29.48 per share (cost $214,968) and then sold the 7,292 shares in the open market at a weighted-average price of $100.10 per share, generating proceeds of roughly $729,929. The filing shows both the option exercise (transaction code M) and the resulting sale (transaction code S), indicating a cashless exercise followed by an immediate disposition.
Key Details
- Transaction date: April 23, 2026.
- Exercise: 7,292 shares at $29.48 each — total exercise cost $214,968 (coded M).
- Sale: 7,292 shares at a weighted-average price of $100.10 — total proceeds ~$729,929 (coded S).
- Footnote: The sale was executed in multiple trades at prices between $100.00 and $100.25; $100.10 is the weighted average. Reporting person will provide detailed trade-level info on request (footnote F1).
- Filing status: This Form 4 is amended solely to correct an inadvertent omission of the Rule 10b5-1(c) checkbox designation (indicating a planned trade).
- Shares owned after transaction: Not specified in the provided filing.
Context
Because the options were exercised and the resulting shares were sold the same day, this is effectively a cashless exercise rather than a new long-term purchase signal. The amendment to add the Rule 10b5-1 designation suggests the sale may have been executed under a prearranged trading plan; the filing does not provide motive or additional context beyond the transactions.