Kidwell Casey 4
4 · AAON, INC. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
AAON Chief Administration Officer Casey Kidwell Exercises Options
What Happened
Casey Kidwell, Chief Administration Officer of AAON, exercised/converted derivatives on January 30, 2026, acquiring two lots of shares: 1,478 shares at $95.64 ($141,356) and 726 shares at $95.64 ($69,435), for a total of 2,204 shares valued at $210,791. To cover tax withholding, 505 shares ($48,298) and 232 shares ($22,188) were surrendered, for a total of 737 shares withheld. Net new shares retained by Kidwell after withholding were 1,467 (net value ≈ $140,305). These transactions are conversions of awards/derivatives rather than open-market purchases or discretionary sales.
Key Details
- Transaction dates: January 30, 2026 (reported on Form 4 filed Feb 3, 2026). Filing appears timely (within the 2-business-day Form 4 window).
- Prices: all shares reported at $95.64 per share.
- Gross acquired: 2,204 shares (1,478 + 726) = $210,791.
- Shares withheld for taxes: 737 shares (505 + 232) = $70,486.
- Net shares added: 1,467 shares (2,204 − 737) ≈ $140,305 net value.
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability (withholding).
- Footnotes: The filing notes that 2023 performance-restricted stock units vested at 83.2% of target (Compensation Committee determination on Jan 21, 2026) and that shares were issued net of taxes withheld; cash was paid for any fractional shares.
Context
These were not open-market buys or discretionary sales but the conversion/settlement of performance-based awards (cashless/net-share withholding used to satisfy tax obligations). Such routine vesting/conversion transactions reflect compensation plan mechanics rather than a direct market signal about the executive's view of the stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $.004
[F1][F2]2026-01-30$95.64/sh+1,478$141,356→ 12,793 total - Tax Payment
Common Stock, par value $.004
[F1][F2]2026-01-30$95.64/sh−505$48,298→ 12,288 total - Exercise/Conversion
Common Stock, par value $.004
[F1][F2]2026-01-30$95.64/sh+726$69,435→ 13,014 total - Tax Payment
Common Stock, par value $.004
[F1][F2]2026-01-30$95.64/sh−232$22,188→ 12,782 total
- 2,076(indirect: By 401(k))
Common Stock, par value $.004
- 1,554
Stock Option (Right to Buy)
Exercise: $36.13From: 2023-03-15Exp: 2032-03-15→ Common Stock (1,554 underlying) - 831
Stock Option (Right to Buy)
Exercise: $35.41From: 2023-05-30Exp: 2032-05-30→ Common Stock (831 underlying) - 2,840
Stock Option (Right to Buy)
Exercise: $62.04From: 2024-03-06Exp: 2033-03-06→ Common Stock (2,840 underlying) - 3,126
Stock Option (Right to Buy)
Exercise: $79.73From: 2025-03-11Exp: 2034-03-11→ Common Stock (3,126 underlying) - 3,207
Stock Option (Right to Buy)
Exercise: $82.39From: 2026-03-11Exp: 2035-03-11→ Common Stock (3,207 underlying)
Footnotes (2)
- [F1]On January 21, 2026, the Compensation Committee determined the performance restricted stock units, granted in 2023 vested at 83.2 percent of the performance target, based on the issuer's achievement of the relevant performance conditions. The shares received were net of taxes withheld to cover the reporting person's tax liability. Cash was paid in lieu of fractional shares, if any.
- [F2]All shares granted/purchased/converted/sold, as applicable, at an exact price. A breakdown is not applicable.