STOCK TITAN

AAON, Inc. (AAON) CAO exercises options and sells 3,153 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AAON, Inc. Chief Administration Officer Casey Kidwell reported a mix of stock option exercises and share sales. On May 14, 2026, Kidwell exercised options for a total of 3,153 shares of common stock at strike prices of $82.39 and $79.73 per share and sold 3,153 shares in open-market transactions at prices of $138.31 and $138.30 per share.

After these transactions, Kidwell held 13,463 shares of common stock directly and 2,282 shares indirectly through a 401(k) plan, along with stock options covering 10,029 shares of common stock at an exercise price of $91.51 per share expiring on March 11, 2036.

Positive

  • None.

Negative

  • None.
Insider Kidwell Casey
Role Chief Administration Officer
Sold 3,153 shs ($436K)
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 2,084 $79.73 $166K
Exercise Stock Option (Right to Buy) 1,069 $82.39 $88K
Exercise Common Stock, par value $.004 2,084 $79.73 $166K
Sale Common Stock, par value $.004 2,084 $138.30 $288K
Exercise Common Stock, par value $.004 1,069 $82.39 $88K
Sale Common Stock, par value $.004 1,069 $138.31 $148K
holding Stock Option (Right to Buy) -- -- --
holding Common Stock, par value $.004 -- -- --
Holdings After Transaction: Stock Option (Right to Buy) — 1,042 shares (Direct, null); Common Stock, par value $.004 — 15,547 shares (Direct, null); Common Stock, par value $.004 — 2,282 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. This transaction was executed in multiple trades at prices ranging from $138.30 to $138.54. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Shares sold at an exact price. A breakdown is not applicable.
Shares sold 3,153 shares Common stock sold in open-market transactions on May 14, 2026
Sale prices $138.31 and $138.30 per share Prices for 1,069 and 2,084 common shares sold
Options exercised 3,153 shares Common shares acquired via option exercises on May 14, 2026
Option exercise prices $82.39 and $79.73 per share Strike prices for 1,069 and 2,084 exercised options
Direct common shares after 13,463 shares Direct AAON common stock holdings following transactions
Indirect 401(k) shares 2,282 shares AAON common stock held indirectly via 401(k) plan
Remaining option position 10,029 shares at $91.51 Stock options on AAON common stock expiring March 11, 2036
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
401(k) Plan financial
"nature_of_ownership": "401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
weighted average sales price financial
"The price reported above reflects the weighted average sales price."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kidwell Casey

(Last)(First)(Middle)
2425 S YUKON AVE

(Street)
TULSA OKLAHOMA 74107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AAON, INC. [ AAON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Administration Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $.00405/14/2026M2,084A$79.7315,547D
Common Stock, par value $.00405/14/2026S2,084D$138.3(1)13,463D
Common Stock, par value $.00405/14/2026M1,069A$82.3914,532D
Common Stock, par value $.00405/14/2026S1,069D$138.31(2)13,463D
Common Stock, par value $.0042,282I401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$79.7305/14/2026M2,08403/11/202503/11/2034Common Stock2,084$79.731,042D
Stock Option (Right to Buy)$82.3905/14/2026M1,06903/11/202603/11/2035Common Stock1,069$82.392,138D
Stock Option (Right to Buy)$91.5103/11/202703/11/2036Common Stock10,02910,029D
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $138.30 to $138.54. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
2. Shares sold at an exact price. A breakdown is not applicable.
Remarks:
Casey R. Kidwell05/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did AAON (AAON) executive Casey Kidwell report in this Form 4?

Casey Kidwell reported exercising stock options for 3,153 AAON shares and selling 3,153 common shares in open-market transactions. The filing also updates Kidwell’s remaining direct, indirect, and option holdings following these transactions on May 14, 2026.

How many AAON shares did Casey Kidwell sell and at what prices?

Kidwell sold 3,153 AAON common shares in two open-market transactions at prices of $138.31 and $138.30 per share. One transaction was executed through multiple trades within a price range disclosed in the accompanying footnote.

What stock options did Casey Kidwell exercise in the AAON Form 4?

Kidwell exercised stock options covering 3,153 AAON common shares, including 1,069 shares at $82.39 and 2,084 shares at $79.73 per share. These exercises converted derivative positions into common stock on May 14, 2026.

What are Casey Kidwell’s AAON share holdings after these transactions?

After the reported transactions, Kidwell held 13,463 AAON common shares directly and 2,282 shares indirectly through a 401(k) plan. These figures reflect the updated equity position as of the Form 4 transaction date.

What AAON stock options does Casey Kidwell still hold after the Form 4?

Following the exercises, Kidwell retained stock options on 10,029 AAON common shares with a $91.51 exercise price, expiring March 11, 2036. This remaining option position provides ongoing potential exposure to AAON’s equity beyond current share holdings.

How does the Form 4 describe Casey Kidwell’s AAON 401(k) holdings?

The filing shows 2,282 AAON common shares held indirectly through a 401(k) plan. This indirect ownership supplements Kidwell’s directly held common stock and option positions disclosed in the same Form 4.