AAON director gifts 189,441 company shares
AAON, INC. director and 10% owner Norman H. Asbjornson reported non-market gift transfers of Common Stock.
Rhea-AI Filing Summary
AAON, INC. director and 10% owner Norman H. Asbjornson reported non-market gift transfers of Common Stock. He made two bona fide gifts totaling 189,441 shares of AAON stock on May 29, 2026, with no sale proceeds involved.
One gift was 88,000 shares held indirectly through a Private Foundation, leaving that entity with 1,201,290 shares. Another gift was 101,441 shares held as trustee of trusts, leaving those trusts with 11,582,401 shares. Asbjornson also reports additional indirect 401(k) holdings and direct stock option positions with exercise prices ranging from $22.93 to $48.91 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
189,441 shares gifted
Gift
9 txns
Insider
ASBJORNSON NORMAN H
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, par value $.004 | 101,441 | $0.00 | $0.00 |
| Gift | Common Stock, par value $.004 | 88,000 | $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 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.004 — 11,582,401 shares (Indirect, Trustee of trusts);
Common Stock, par value $.004 — 1,201,290 shares (Indirect, Private Foundation);
Stock Option (Right to Buy) — 647,104 contracts (Direct);
Common Stock, par value $.004 — 98,794 shares (Direct);
Common Stock, par value $.004 — 10,837 shares (Indirect, 401(k) Plan)
Key Figures
Total shares gifted: 189,441 shares
Gift to Private Foundation: 88,000 shares
Gift to trusts: 101,441 shares
+4 more
7 metrics
Total shares gifted
189,441 shares
Bona fide gifts of AAON Common Stock on May 29, 2026
Gift to Private Foundation
88,000 shares
AAON Common Stock gifted; foundation held 1,201,290 shares after
Gift to trusts
101,441 shares
AAON Common Stock gifted; trusts held 11,582,401 shares after
Direct common shares
98,794 shares
Direct AAON Common Stock holdings following reported transactions
401(k) holdings
10,837 shares
Indirect AAON Common Stock held through 401(k) Plan
Largest option position
285,000 shares at $27.58
Stock Option (Right to Buy) on AAON Common Stock
Additional option positions
345,? shares at $22.93–$48.91
Multiple AAON stock options with varying exercise prices
Key Terms
bona fide gift, Stock Option (Right to Buy), 401(k) Plan, Private Foundation, +1 more
5 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
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.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
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.
Private Foundation financial
"nature_of_ownership": "Private Foundation""
Trustee of trusts financial
"nature_of_ownership": "Trustee of trusts""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Norman H. Asbjornson report for AAON (AAON)?
Norman H. Asbjornson reported bona fide gifts of AAON Common Stock, not market sales. On May 29, 2026, he gifted a total of 189,441 shares through entities he is associated with, including a private foundation and trusts.
Were the AAON insider transactions reported by Asbjornson open-market sales or purchases?
The AAON insider transactions were not open-market sales or purchases. They were coded as G, meaning bona fide gifts, with a transaction price of $0.00 per share, indicating transfers without sale proceeds.
What AAON stock options does Norman H. Asbjornson hold after this Form 4?
Norman H. Asbjornson reports several AAON stock option positions. These include options on 285,000 shares at $27.58, 173,550 shares at $24.63, 118,320 shares at $29.48, 53,805 shares at $22.93, and 16,429 shares at $48.91.
AI-generated analysis. How Rhea-AI works. Not financial advice.
