AAON, INC. (AAON) director awarded 1,290 restricted shares as stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stewart David Raymond reported acquisition or exercise transactions in this Form 4 filing.
AAON, INC. director Stewart David Raymond received a grant of 1,290 shares of common stock as a compensation-related award at $0.00 per share. The footnote describes this as a restricted stock grant that vests ratably each year over three years, matching the remainder of his director term. Following the grant, he holds 9,876 shares directly and 3,000 shares indirectly through IRAs. These transactions do not involve any open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Stewart David Raymond
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.004 | 1,290 | $0.00 | -- |
| holding | Common Stock, par value $.004 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.004 — 9,876 shares (Direct, null);
Common Stock, par value $.004 — 3,000 shares (Indirect, IRAs)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,290 shares
Grant price: $0.00 per share
Direct holdings after grant: 9,876 shares
+2 more
5 metrics
Restricted stock grant
1,290 shares
Grant, award, or other acquisition of common stock
Grant price
$0.00 per share
Compensation-related restricted stock award
Direct holdings after grant
9,876 shares
Common stock directly owned after transaction
Indirect IRA holdings
3,000 shares
Common stock held indirectly through IRAs
Vesting period
3 years
Restricted stock vests ratably over remaining director term
Key Terms
Restricted Stock Grant, vesting ratably, IRAs, Grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Grant financial
"Restricted Stock Grant, vesting ratably on an annual basis over three years"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
vesting ratably financial
"vesting ratably on an annual basis over three years"
IRAs financial
"total_shares_following_transaction 3000.0000, nature_of_ownership IRAs"
Individual Retirement Accounts (IRAs) are personal investment accounts designed specifically to save for retirement, offering tax advantages that help savings grow faster than in a regular account. Think of an IRA as a dedicated piggy bank where contributions and earnings get special tax treatment—either tax-deferred or tax-free depending on the type—making it important for investors who want to lower current or future taxes while holding stocks, bonds, and funds for long-term goals.
Grant, award, or other acquisition financial
"transaction_code_description Grant, award, or other acquisition"
Common Stock, par value $.004 financial
"security_title Common Stock, par value $.004"
FAQ
What insider transaction did AAON director Stewart David Raymond report on this Form 4 for AAON?
AAON director Stewart David Raymond reported receiving a grant of 1,290 shares of common stock at $0.00 per share. The award is a restricted stock grant that vests ratably over three years, aligned with his remaining director term, and is compensation-related, not a market trade.
How does the restricted stock grant to AAON director Stewart David Raymond vest over time?
The restricted stock grant to Stewart David Raymond vests ratably on an annual basis over three years. The footnote explains that this three-year vesting schedule matches the duration of the director’s remaining term on AAON’s board, spreading the award over that period.
What type of ownership does Stewart David Raymond report for his AAON indirect holdings?
Stewart David Raymond reports indirect ownership of 3,000 AAON common shares through IRAs. The Form 4 identifies these as indirect holdings with ownership type coded as "I" and nature of ownership described specifically as IRAs, separate from his directly held shares.