Thompson Rebecca 4

What Happened
Rebecca Thompson, Chief Accounting Officer of AAON, exercised 9,672 stock options at $29.48 per share (total exercise cost $285,131) on May 7, 2026, and the same day sold those 9,672 shares in the open market for a weighted average price of $136.59 per share (total proceeds $1,321,098). Net proceeds (sales minus exercise cost) were about $1.04 million. The filing shows the exercise (derivative acquisition) and an immediate sale of the acquired shares (a cashless exercise/disposition).

Key Details

• Transaction date: 2026-05-07
• Exercise: 9,672 shares at $29.48 each — $285,131 (Acquired, code M)
• Sale: 9,672 shares at weighted avg $136.59 each — $1,321,098 (Disposed, code S)
• Footnote: Sales executed in multiple trades at prices ranging $125.73–$148.88; $136.59 is the weighted average. Reporting person will provide full trade details on request.
• Shares owned after transaction: Not reported in the supplied filing details.
• Filing timeliness: Form 4 filed 2026-05-11 for a 2026-05-07 transaction — appears timely (filed within required SEC window).

Context: The sequence (exercise of options followed by an immediate sale of the same shares) is a common cashless exercise — the holder converts options into shares and sells them to cover costs and realize gains. Sales do not necessarily indicate a change in sentiment about the company; they often reflect routine option exercises or personal liquidity needs.