Welcome to our dedicated page for AAON SEC filings (Ticker: AAON), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
AAON SEC filings document the public-company disclosures of an HVAC equipment manufacturer serving commercial, industrial and data center indoor environments. The record includes Form 8-K reports for operating and financial results, backlog disclosures, Regulation FD materials, quarterly dividend announcements and common stock repurchase authorization.
AAON proxy materials cover shareholder voting matters, board and governance topics, executive compensation and equity-award disclosures. Its filings also address capital-structure matters and material-event reporting tied to the company’s AAON and BASX-branded equipment business.
AAON, Inc. reported a very strong second quarter for the period ended June 30, 2026. Net sales rose 101.2% to $626.98 million, driven by both AAON and BASX brands, while operating income increased 192.1% to $68.88 million. GAAP diluted EPS climbed 257.9% to $0.68 and non-GAAP adjusted EPS reached $0.69. Total backlog nearly doubled year-over-year to $2.0 billion, with BASX-branded backlog up 185.4% and AAON-branded backlog up 9.4%.
Profitability mixed as gross margin declined to 24.3% from 26.6%, reflecting costs from ramping new capacity, outsourcing, and inflation, partly offset by SG&A leverage; SG&A fell to 13.3% of sales. Operating cash flow for the first half improved to $55.0 million from a $31.0 million use of cash a year earlier. Management raised full-year 2026 sales growth guidance to 55%-60% but lowered expected gross margin to 25%-26%. Debt on the revolving credit facility was $435.0 million against cash and restricted cash of $12.7 million as the company continues to invest heavily in capacity, including the Memphis facility.
AAON, INC. filed an initial insider ownership report for Jermain Patrick John, who is identified as a director. The structured data shows no reported buy or sell transactions, no derivative transactions, and no holding entries in AAON securities at the time of this filing.
AAON, Inc. discloses that Robert L. Buttermore, serving as a director, has filed an initial statement of beneficial ownership of securities on Form 3. The reported data shows no insider transactions and no specific share holdings attributed to him in this filing.
AAON, Inc. expanded its Board of Directors by amending its Amended and Restated Bylaws to increase the maximum board size from nine to eleven positions. On July 28, 2026, the board created two new Class III seats and appointed Robert L. Buttermore III and Patrick J. Jermain as independent directors, effective immediately, with terms running through the May 2027 annual meeting.
Buttermore was also appointed to the Compensation Committee and Jermain to the Audit Committee. Both will receive the same compensation as other non-employee directors. The company states that these appointments support its long-term growth strategy and strengthen board expertise in operations, global manufacturing, finance, capital allocation, and governance.
AAON, Inc. used a conference presentation to highlight its growth strategy, strong backlog and outlook for 2026. Management emphasized its two-brand HVAC model, combining AAON’s semi-custom commercial systems with BASX’s fully customized data center and cleanroom solutions, supported by expanded manufacturing capacity and advanced test labs.
The company reported trailing 12‑month net sales of 1,616,958, order backlog of $2.13B, gross margin of 26.2%, adjusted EBITDA of 252.6M and EPS of 1.43. Management targets 2026 sales growth of 40–45%, gross margin of 27–28%, SG&A at 14–15% of sales and depreciation and amortization of 95–100M, while continuing heavy investment in capex and R&D.
AAON highlighted secular demand from data centers, electrification and energy efficiency, with Alpha Class heat pump products making up about 24% of rooftop sales and BASX driving a 160% year-over-year backlog increase. The company framed these trends, combined with its solutions-based sales model, as support for long-term growth.
AAON, INC. Chief Accounting Officer Rebecca Thompson reported an open-market sale of 4,230 shares of common stock at $143.42 per share on June 2, 2026, from an indirect 401(k) Plan holding, leaving that account with no shares.
She continues to directly hold 27,681 common shares and multiple stock options on AAON stock, including options over 91,500 underlying shares at an exercise price of $27.58 expiring in 2031, along with additional grants at higher exercise prices with expirations through 2036.
AAON, INC. director Gary D. Fields reported an open-market sale of 19,000 shares of common stock at $140.20 per share on May 29, 2026. After this sale, he directly holds 15,252 shares of AAON common stock.
In addition to these direct holdings, Fields reports indirect ownership of 6,249 shares through a 401(k) Plan and 9,250 shares as custodian for the benefit of his grandchildren. He also holds stock options giving rights to acquire AAON common shares at exercise prices of $82.39, $79.73, and $62.03, covering 7,329, 22,338, and 31,968 underlying shares, respectively.
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.
AAON reported a proposed sale of 19,000 shares of Common Stock under a Form 144, dated 05/29/2026. The filing lists the securities as RSUs and PSUs originally dated 01/28/2025. The excerpt also shows three recent dispositions by Gary Fields totaling 71,525 shares sold on 05/12/2026, 05/13/2026 and 05/26/2026 with proceeds disclosed for each sale.
AAON, INC. Executive Vice President Gordon Douglas Wichman reported an exercise-and-sale transaction in company stock. He exercised stock options to acquire 3,000 shares of common stock at $27.58 per share and then sold those 3,000 shares in an open-market sale at a weighted average price of $140.39 per share on the same date. After these transactions, he holds 10,997 shares of common stock directly and 4,542 shares indirectly through a 401(k) plan, along with multiple remaining option awards, including rights to buy 15,780 shares at $29.48 per share expiring in 2030. The sale price reflects multiple trades between $140.35 and $140.77, reported as a single weighted average figure.