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. Executive Vice President Matthew Shaub received a grant of 1,050 shares of common stock at no cost on March 11, 2026 under the company’s 2024 Long Term Incentive Plan. The award vests ratably over the first three anniversaries of the grant date.
After this grant, he directly holds 2,679 AAON common shares and indirectly holds 665 shares through a 401(k) plan. He also holds stock options covering 1,029, 2,976, and 10,746 underlying shares at exercise prices of $79.73, $82.39, and $91.51, expiring in 2034, 2035, and 2036.
AAON, Inc. announced a senior leadership realignment centered on its finance and legal functions. Andy Cheung will join on April 20, 2026 as Executive Vice President and Chief Financial Officer, bringing more than 25 years of senior financial experience in the HVAC and automotive industries and recent CFO experience at a publicly traded manufacturing company.
His compensation package includes a $525,000 annual base salary, $341,250 target 2026 annual incentive, $787,500 target 2026 long-term incentive, a one-time equity grant valued at $1,500,000, and a one-time cash award of $300,000 that must be repaid if he leaves within 18 months. Current CFO Rebecca Thompson will transition to Chief Accounting Officer on April 20, 2026, while Luke Bomer has joined as General Counsel to support governance, compliance, and risk management as AAON expands.
AAON, Inc. is asking stockholders to vote at its 2026 annual meeting on five main items: electing three Class II directors through 2029, ratifying Grant Thornton LLP as auditor for 2026, advisory votes on executive compensation and its frequency, and amending the Articles of Incorporation to increase the maximum board size.
The proxy highlights strong 2025 operating momentum, including a backlog of $1,828.5 million, up 110.9% from December 31, 2024, and net sales of $1,442.1 million, a 20.1% increase driven largely by BASX-branded data center products. Capital expenditures of $204.9 million expanded capacity, including the Memphis facility, while AAON repurchased 0.4 million shares for $30.0 million at an average price of $80.81.
AAON also emphasizes sustainability and human capital initiatives, such as goals to cut greenhouse gas emissions, expand non‑fossil fuel products, and continued Platinum‑level performance in the Scor3card program. Governance features include a majority‑independent, staggered board, strong board diversity, independent board leadership, anti‑hedging policies, and a pay‑for‑performance program that received 98.9% support in the 2025 say‑on‑pay vote.
The Vanguard Group filed Amendment No. 12 to a Schedule 13G/A reporting that it beneficially owns 0 shares (0%) of AAON Inc. common stock as of 03/13/2026. The filing states this position follows an internal realignment and, in accordance with SEC Release No. 34-39538 (January 12, 1998), certain Vanguard subsidiaries will report beneficial ownership separately and The Vanguard Group no longer is deemed to beneficially own securities held by those subsidiaries. The filing is signed by Ashley Grim, Head of Global Fund Administration, on 03/26/2026.
AAON, Inc. is soliciting proxies for its 2026 Annual Meeting to be held on May 12, 2026, where stockholders will vote on director elections, ratification of Grant Thornton LLP as auditor, advisory votes on executive compensation and frequency, and an amendment to increase the Board’s maximum size.
Financial highlights disclosed for the year ended December 31, 2025 include a backlog of $1,828.5 million (an increase of 110.9% versus December 31, 2024), net sales of $1,442.1 million (up 20.1%), capital expenditures of $204.9 million, and $30.0 million of share repurchases (approximately 0.4 million shares at an average price of $80.81). The record date shows 81,589,231 shares outstanding as of March 13, 2026.
AAON, INC. Executive Vice President Gordon Douglas Wichman reported routine tax-related share dispositions. On March 12, 2026, a total of 144 shares of common stock were withheld at $91.51 per share to satisfy tax obligations, rather than sold on the open market.
After these transactions, he holds 10,073 common shares directly and also reports additional indirect holdings through a 401(k) plan, along with several outstanding stock option awards detailed in the filing.
AAON, INC. CEO Matthew Joseph Tobolski reported a routine tax-related share disposition. On 2026-03-12, 413 shares of common stock were withheld at $91.51 per share to satisfy tax obligations, leaving him with 9,378 shares held directly. He also reports indirect ownership of additional common shares through family trusts and a 401(k) plan, and maintains unexercised stock options over 7,215 shares at $73.87, 10,995 shares at $82.39, and 11,964 shares at $105.95, with expirations between 2034 and 2035.
AAON, INC. Chief Financial Officer Rebecca Thompson reported routine share dispositions to cover tax obligations. On this Form 4, she surrendered 155 and 169 shares of common stock, totaling 324 shares, in tax-withholding transactions valued at $91.51 per share.
These are not open-market sales but payments of tax liability using company stock. After these transactions, she directly holds 26,142 AAON common shares and indirectly holds 4,225 shares through a 401(k) plan. She also retains multiple stock option awards with exercise prices between $27.58 and $82.39, expiring from 2029 through 2035.
AAON, INC. Executive Vice President Matthew Shaub reported tax-related share dispositions rather than open-market trades. On March 12, 2026, 154 shares of common stock were disposed of at $91.51 per share to cover tax obligations.
After these transactions, he directly holds 1,629 common shares and indirectly holds 665 shares through a 401(k) plan. He also retains stock options covering 1,029 shares at an exercise price of $79.73 expiring on March 11, 2034, and 2,976 shares at $82.39 expiring on March 11, 2035.