AAON, INC.·4/A

Apr 29, 12:03 PM ET

Thompson Rebecca 4/A

Research Summary

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Updated

AAON (AAON) CAO Rebecca Thompson Exercises Options, Sells Shares

What Happened

  • Rebecca Thompson, Chief Accounting Officer of AAON, exercised 21,914 stock options on 2026-04-24 at an exercise price of $29.48 per share (total cost $646,025) and then sold those 21,914 shares in the open market at a weighted average price of $100.21 per share (total proceeds $2,196,002). The filing records the exercise (transaction code M) and the open-market sale (transaction code S).

Key Details

  • Transaction date: 2026-04-24; Form filed/amended: 2026-04-29.
  • Exercise: 21,914 shares at $29.48 — $646,025 cash paid.
  • Sale: 21,914 shares at weighted avg $100.21 — $2,196,002 proceeds.
  • Footnote: sales executed in multiple trades at $100.00–$101.72; $100.21 is the weighted-average sale price (reporting person will provide full trade-level details on request).
  • Amendment note: Form 4 was amended solely to correct an inadvertent omission of the Rule 10b5‑1(c) checkbox designation.
  • Shares owned after the transaction are not specified in the provided excerpt.

Context

  • This was an exercise-plus-sale (often called a cashless or sell-to-cover style transaction): the options were exercised and the resulting shares were immediately sold, converting the option value to cash. Such transactions are common for compensatory option exercises and do not by themselves indicate a change in the insider’s longer-term view of the company.
  • The 10b5‑1 designation amendment suggests the trades may have been made pursuant to a prearranged trading plan, but the filing here only corrects the checkbox — it does not include the plan details.