AAON director granted 1,290-share stock award
AAON, INC. director and ten-percent owner Norman H. Asbjornson reported a new stock award on Common Stock.
Rhea-AI Filing Summary
AAON, INC. director and ten-percent owner Norman H. Asbjornson reported a new stock award on Common Stock. He received an acquisition of 1,290 shares at $0.00 per share as a grant under the company’s 2024 Long Term Incentive Plan. Following this grant, he directly holds 98,794 common shares. The award vests on the first anniversary of the May 12, 2026 grant date. The filing also lists several existing stock option positions with exercise prices between $22.93 and $48.91 per share and expirations from 2027 through 2031, along with large indirect holdings through trusts, a private foundation, and a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,290 shares
Grant/Award
9 txns
Insider
ASBJORNSON NORMAN H
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.004 | 1,290 | $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 — 98,794 shares (Direct);
Stock Option (Right to Buy) — 647,104 contracts (Direct);
Common Stock, par value $.004 — 10,837 shares (Indirect, 401(k) Plan);
Common Stock, par value $.004 — 1,289,290 shares (Indirect, Private Foundation);
Common Stock, par value $.004 — 11,683,842 shares (Indirect, Trustee of trusts)
Footnotes (1)
- F1. This stock award is granted under the Issuer's 2024 Long Term Incentive Plan and is exercisable or vests on the first anniversary of the date of the grant.
Key Figures
Stock award: 1,290 shares at $0.00
Direct common shares: 98,794 shares
Trustee holdings: 11,683,842 shares
+5 more
8 metrics
Stock award
1,290 shares at $0.00
Common Stock grant under 2024 Long Term Incentive Plan on May 12, 2026
Direct common shares
98,794 shares
AAON common stock held directly after reported grant
Trustee holdings
11,683,842 shares
AAON common stock held indirectly as trustee of trusts
Private foundation holdings
1,289,290 shares
AAON common stock held indirectly through a private foundation
401(k) holdings
10,837 shares
AAON common stock held indirectly in a 401(k) Plan
Option position 1
118,320 shares at $29.48
Stock Option on AAON common stock expiring March 11, 2030
Option position 2
285,000 shares at $27.58
Stock Option on AAON common stock expiring March 11, 2029
Option position 3
173,550 shares at $24.63
Stock Option on AAON common stock expiring January 2, 2028
Key Terms
Stock Option (Right to Buy), 2024 Long Term Incentive Plan, 401(k) Plan, Private Foundation, +1 more
5 terms
Stock Option (Right to Buy) financial
"The filing lists several "Stock Option (Right to Buy)" positions on AAON common stock."
2024 Long Term Incentive Plan financial
"This stock award is granted under the Issuer's 2024 Long Term Incentive Plan."
401(k) Plan financial
"One indirect holding is described with the 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
"Another indirect holding shows the nature of ownership as "Private Foundation"."
trustee of trusts financial
"An indirect position lists the nature of ownership as "Trustee of trusts"."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Norman H. Asbjornson report in this AAON (AAON) Form 4?
Norman H. Asbjornson reported receiving a grant of 1,290 shares of AAON common stock. The shares were awarded at $0.00 per share as part of the company’s 2024 Long Term Incentive Plan and increase his directly held position.
What are the terms of the new AAON stock award granted to Norman H. Asbjornson?
The new AAON stock award grants 1,290 common shares at $0.00 per share under the 2024 Long Term Incentive Plan. According to the footnote, the award becomes exercisable or vests on the first anniversary of the May 12, 2026 grant date.
Does the AAON Form 4 show any stock option holdings for Norman H. Asbjornson?
Yes. The filing lists several stock option positions on AAON common stock with exercise prices from $22.93 to $48.91 per share and expiration dates between 2027 and 2031, indicating substantial remaining derivative exposure alongside his common share holdings.
What indirect AAON holdings are reported for Norman H. Asbjornson in this filing?
The Form 4 discloses indirect AAON common stock holdings through multiple entities, including 11,683,842 shares as trustee of trusts, 1,289,290 shares through a private foundation, and 10,837 shares in a 401(k) plan, in addition to his directly owned shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
