Wichman Gordon Douglas 4
Research Summary
AI-generated summary
AAON EVP Gordon Wichman Withholds 144 Shares for Taxes
What Happened
Gordon Douglas Wichman, Executive Vice President of AAON, had 144 shares of AAON withheld/disposed to satisfy tax withholding tied to an option exercise. The filing shows two withholdings on 2026-03-12: 89 shares at $91.51 (reported value $8,144) and 55 shares at $91.51 (reported value $5,033), for a combined value of roughly $13,177. This is a routine tax-withholding disposition rather than an open-market sale or a new purchase.
Key Details
- Transaction date: 2026-03-12; Form 4 filed 2026-03-16 (appears timely).
- Prices reported: $91.51 per share for both dispositions.
- Shares withheld/ disposed: 89 shares ($8,144) + 55 shares ($5,033) = 144 shares (~$13,177).
- Footnote: F1 indicates shares were transacted at an exact price; no further breakdown applicable. Transaction code F denotes payment of exercise price or tax liability (tax withholding).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
This type of transaction typically reflects a cashless or share-withholding settlement to cover tax obligations when options are exercised. It is a routine administrative action and does not by itself indicate a buy or sell signal about the insider’s view of the company.