STOCK TITAN

AAON (AAON) accounting chief sells 21,914 shares after option exercise

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

Rhea-AI Filing Summary

AAON, INC. Chief Accounting Officer Rebecca Thompson exercised stock options and sold shares on the same day. She exercised 21,914 shares of common stock at $29.48 per share and sold 21,914 shares in an open-market transaction at a weighted average price of $100.21 per share.

After these transactions, she directly held 27,681 shares of common stock and indirectly held 4,230 shares through a 401(k) plan. She also retained multiple stock option grants, including 91,500 options at an exercise price of $27.58 expiring in 2030 and several higher-priced grants expiring between 2031 and 2036.

Positive

  • None.

Negative

  • None.
Insider Thompson Rebecca
Role Chief Accounting Officer
Sold 21,914 shs ($2.20M)
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) 21,914 $29.48 $646K
Exercise Common Stock, par value $.004 21,914 $29.48 $646K
Sale Common Stock, par value $.004 21,914 $100.21 $2.20M
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) — 10,072 shares (Direct, null); Common Stock, par value $.004 — 49,595 shares (Direct, null); Common Stock, par value $.004 — 4,230 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. [object Object]
Shares sold 21,914 shares Open-market sale of common stock at weighted average price
Sale price $100.21 per share Weighted average sales price across multiple trades
Options exercised 21,914 shares Stock option exercise converting derivative into common stock
Exercise price $29.48 per share Strike price of exercised stock options
Direct common shares after 27,681 shares Direct AAON common stock holdings after transactions
Indirect 401(k) shares 4,230 shares Common stock held indirectly via 401(k) plan
Largest remaining option grant 91,500 options at $27.58 Stock Option (Right to Buy) expiring in 2030
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
open-market sale financial
"transaction_action: "open-market sale""
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.
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.
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."
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)
04/24/2026
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 $.00404/24/2026M21,914A$29.4849,595D
Common Stock, par value $.00404/24/2026S21,914D$100.21(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)$29.4804/24/2026M21,91403/11/202103/11/2030Common Stock21,914$29.4810,072D
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 $101.72. 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 Thompson04/27/2026
** 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) officer Rebecca Thompson do in this Form 4 filing?

Rebecca Thompson exercised 21,914 AAON stock options at $29.48 per share and sold 21,914 common shares in an open-market transaction at a weighted average price of $100.21, while maintaining a meaningful remaining equity position in the company.

How many AAON (AAON) shares did Rebecca Thompson sell and at what price?

She sold 21,914 AAON common shares in the open market at a weighted average price of $100.21 per share. The filing notes the sale occurred in multiple trades between $100.00 and $101.72, with $100.21 representing the combined weighted average sales price.

How many AAON (AAON) shares does Rebecca Thompson hold after these transactions?

Following the transactions, she directly holds 27,681 AAON common shares and indirectly holds 4,230 shares through a 401(k) plan. These positions are in addition to her remaining stock options, which give the right to buy more shares at preset exercise prices.

What stock options does Rebecca Thompson still hold in AAON (AAON)?

She retains several AAON stock option grants, including 91,500 options at a $27.58 exercise price expiring in 2030 and additional grants at $48.91, $36.13, $62.04, $79.73, $82.39 and $91.51, with expiration dates ranging from 2031 to 2036.

Was Rebecca Thompson’s AAON (AAON) stock sale a routine exercise-and-sell transaction?

The filing shows she exercised 21,914 stock options at $29.48 and sold the same 21,914 shares at a weighted average $100.21 on the same date, a pattern commonly associated with converting option compensation into cash while retaining other share and option holdings.