STOCK TITAN

AAON (AAON) CAO exercises options, sells 2,287 shares and retains sizeable grants

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

Rhea-AI Filing Summary

AAON, INC. Chief Accounting Officer Rebecca Thompson reported an option exercise and related share sale. She exercised stock options to acquire 2,287 shares of common stock at $29.48 per share, then sold 2,287 shares in an open-market transaction at a weighted average price of about $100.11 per share. After these transactions, she directly holds 27,681 shares of AAON common stock and indirectly holds 4,230 shares through a 401(k) plan. She also retains multiple stock option awards, including options covering 91,500 shares at an exercise price of $27.58 per share and additional grants at higher exercise prices with expirations extending through 2036.

Positive

  • None.

Negative

  • None.
Insider Thompson Rebecca
Role Chief Accounting Officer
Sold 2,287 shs ($229K)
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 2,287 $29.48 $67K
Exercise Common Stock, par value $.004 2,287 $29.48 $67K
Sale Common Stock, par value $.004 2,287 $100.11 $229K
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 Stock Option (Right to Buy) -- -- --
holding Stock Option (Right to Buy) -- -- --
holding Common Stock, par value $.004 -- -- --
Holdings After Transaction: Stock Option (Right to Buy) — 39,278 shares (Direct, null); Common Stock, par value $.004 — 29,968 shares (Direct, null); Common Stock, par value $.004 — 4,230 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. [object Object]
Shares sold 2,287 shares Open-market sale of AAON common stock
Weighted average sale price $100.11/share Open-market sale executed in multiple trades
Option exercise price $29.48/share Stock option exercise for 2,287 shares
Direct shares after transactions 27,681 shares AAON common stock held directly post-transaction
Indirect 401(k) shares 4,230 shares AAON common stock held through 401(k) plan
Largest option grant 91,500 shares at $27.58 Stock Option (Right to Buy) expiring 2029-03-11
Additional option exercise prices $36.13–$91.51/share Remaining option grants expiring 2031–2036
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 security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average sales price financial
"The price reported above reflects the weighted average sales price."
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.
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*
Thompson Rebecca

(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 Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026
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 $.00404/21/2026M2,287A$29.4829,968D
Common Stock, par value $.00404/21/2026S2,287D$100.11(1)27,681D
Common Stock, par value $.0044,230I401(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)$27.5803/11/202003/11/2029Common Stock91,50091,500D
Stock Option (Right to Buy)$29.4804/21/2026M2,28703/11/202103/11/2030Common Stock2,287$29.4839,278D
Stock Option (Right to Buy)$48.9103/11/202203/11/2031Common Stock13,48213,482D
Stock Option (Right to Buy)$36.1303/15/202303/15/2032Common Stock8,8208,820D
Stock Option (Right to Buy)$62.0403/06/202403/06/2033Common Stock6,3946,394D
Stock Option (Right to Buy)$79.7303/11/202503/11/2034Common Stock4,6024,602D
Stock Option (Right to Buy)$82.3903/11/202603/11/2035Common Stock5,0405,040D
Stock Option (Right to Buy)$91.5103/11/202703/11/2036Common Stock15,76215,762D
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $100.00 to $100.22. 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.
Remarks:
Rebecca Thompson04/22/2026
** 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 insider transactions did AAON (AAON) CAO Rebecca Thompson report?

Rebecca Thompson reported exercising stock options for 2,287 AAON shares at $29.48 and selling 2,287 shares in an open-market transaction. The filing also updates her remaining common stock holdings and unexercised stock option positions across several strike prices and expiration dates.

How many AAON (AAON) shares did the CAO sell and at what price?

She sold 2,287 shares of AAON common stock in an open-market transaction at a weighted average price of about $100.11 per share. A footnote explains the sale was executed in multiple trades between $100.00 and $100.22, with $100.11 reflecting the weighted average.

How many AAON (AAON) shares does Rebecca Thompson hold after this Form 4?

After the reported transactions, she directly holds 27,681 shares of AAON common stock and indirectly holds 4,230 shares through a 401(k) plan. These figures show her remaining equity stake in AAON separate from her outstanding stock option awards.

What stock options does the AAON (AAON) CAO retain after the reported exercise?

She retains several stock option grants, including options covering 91,500 AAON shares at a $27.58 exercise price and additional grants at exercise prices of $48.91, $36.13, $62.04, $79.73, $82.39, and $91.51. Expiration dates range from 2029 through 2036.

Did AAON (AAON) CAO Rebecca Thompson’s transaction involve multiple trade prices?

Yes. A footnote states the 2,287-share sale was executed in multiple trades at prices from $100.00 to $100.22 per share, with the reported $100.11 representing the weighted average. She undertakes to provide detailed trade-level information upon request to specified parties.

What type of transaction code was used for the AAON (AAON) CAO’s sale?

The sale of 2,287 AAON shares is coded “S,” indicating an open-market or private sale transaction. A separate “M” code entry reflects the exercise of stock options to acquire 2,287 shares, showing the classic exercise-and-sell pattern within this Form 4 filing.