AAON director gifts 100,000 shares to charity
AAON insider Norman Asbjornson’s gift involved 100,000 shares, with no Rule 10b5-1 trading plan disclosed.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
AAON, INC. reported that director and ten percent owner Norman H. Asbjornson made a bona fide gift of 100,000 shares of common stock on September 1, 2026, from his revocable trust to a charitable organization. He remains trustee of trusts holding 11,482,401 shares indirectly. Separately, he continues to hold common stock directly and through a private foundation and 401(k) plan, and has multiple stock options to acquire common shares outstanding at exercise prices between $22.93 and $48.91 with expirations from 2027 to 2031. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
100,000 shares gifted
Gift
9 txns
Insider
ASBJORNSON NORMAN H
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, par value $.004 F1 | 100,000 | $0.00 | $0.00 |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock, par value $.004 | -- | -- | -- |
| holding | Common Stock, par value $.004 | -- | -- | -- |
| holding | Common Stock, par value $.004 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.004 — 11,482,401 shares (Indirect, Trustee of trusts);
Stock Option (Right to Buy) — 647,104 contracts (Direct);
Common Stock, par value $.004 — 98,794 shares (Direct);
Common Stock, par value $.004 — 1,201,290 shares (Indirect, Private Foundation);
Common Stock, par value $.004 — 10,837 shares (Indirect, 401(k) Plan)
Footnotes (1)
- F1. Represents a bona fide gift of shares of common stock from the shareholder's revocable trust to a charitable organization.
Key Figures
Gifted common shares: 100,000 shares
Indirect trust holdings after transaction: 11,482,401 shares
Direct common stock holdings: 98,794 shares
+5 more
8 metrics
Gifted common shares
100,000 shares
Bona fide gift from revocable trust to charitable organization on September 1, 2026
Indirect trust holdings after transaction
11,482,401 shares
Common stock held indirectly as trustee of trusts after the gift
Direct common stock holdings
98,794 shares
Common stock held directly by Norman H. Asbjornson as of September 1, 2026
Private foundation holdings
1,201,290 shares
Common stock held indirectly through a private foundation
401(k) plan holdings
10,837 shares
Common stock held indirectly through a 401(k) plan
Stock option at $24.63
173,550 underlying shares
Option to buy AAON common stock at $24.63, expiring January 2, 2028
Stock option at $27.58
285,000 underlying shares
Option to buy AAON common stock at $27.58, expiring March 11, 2029
Stock option at $29.48
118,320 underlying shares
Option to buy AAON common stock at $29.48, expiring March 11, 2030
Key Terms
bona fide gift, revocable trust, Stock Option (Right to Buy), exercise price
4 terms
bona fide gift financial
"Represents a bona fide gift of shares of common stock from the shareholder's revocable trust to a charitable organization."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
revocable trust financial
"Represents a bona fide gift of shares of common stock from the shareholder's revocable trust to a charitable organization."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
exercise price financial
"exercise price $24.6300"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AAON (AAON) disclose for September 1, 2026?
AAON disclosed that Norman H. Asbjornson made a bona fide gift of 100,000 shares of AAON common stock on September 1, 2026. The gift was made from his revocable trust to a charitable organization, and no Rule 10b5-1 trading plan is reported.
What direct AAON (AAON) common stock holdings does Norman H. Asbjornson report?
Norman H. Asbjornson reports 98,794 AAON common shares held directly as of September 1, 2026. In addition, he reports indirect holdings through a private foundation and a 401(k) plan.
What indirect AAON (AAON) holdings does Norman H. Asbjornson have outside the trusts?
Beyond trust holdings, Norman H. Asbjornson reports 1,201,290 AAON common shares held through a private foundation and 10,837 shares held through a 401(k) plan as of September 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
