Wichman Gordon Douglas 4

What Happened

• Gordon D. Wichman, Executive Vice President of AAON, converted performance-based equity into 2,204 common shares on January 30, 2026. The conversions were recorded at $95.64 per share for a gross value of $210,791.
• To cover tax withholding, 639 of those shares were surrendered (treated as disposals) at the same $95.64 price, totaling $61,114. Net shares added to his holdings were 1,565 (2,204 acquired minus 639 withheld), with a net value of about $149,677.

Key Details

• Transaction date: 2026-01-30; reported on Form 4 filed 2026-02-03. Price per share: $95.64.
• Breakdown of transactions:
  • Acquired: 1,478 shares ($141,356) and 726 shares ($69,435) — total 2,204 shares, $210,791.
  • Withheld for taxes: 439 shares ($41,986) and 200 shares ($19,128) — total 639 shares, $61,114.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: The award stems from performance restricted stock units (PRSUs) granted in 2023 that vested at 83.2% of target (Footnote F1). Shares received were net of taxes withheld; cash was paid for any fractional shares. Footnote F2 notes all shares transacted at the exact price shown.

Context

• This was a conversion/settlement of performance-based awards (derivative conversion), not an open-market buy or sale. The withholding of shares to satisfy taxes is a routine administrative step (net settlement), not a market sale signal.
• For retail investors: conversions/vesting are common executive compensation events; purchases may be viewed as stronger signals of confidence than routine vesting conversions, which mainly reflect earned compensation.