Form 4: AAON CFO Rebecca Thompson Reports Stock Transactions Following Vesting of Performance-Based Stock Units
SEC Form 4 Filing
Rebecca Thompson, CFO of AAON, Inc., reports the acquisition and disposal of company stock following the vesting of performance-restricted stock units on January 28, 2025.
Summary
- On January 29, 2025, Rebecca Thompson, CFO of AAON, Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- The filing reports transactions that occurred on January 28, 2025, related to the vesting of performance-restricted stock units.
- 9,362 shares were acquired at a price of $111.77 due to the vesting of performance restricted stock units granted on March 15, 2022.
- 2,893 shares were disposed of to cover the reporting person's tax liability at a price of $111.77.
- Following these transactions, Thompson directly owns 23,766 shares of AAON common stock.
- Thompson also indirectly owns 3,474 shares through a 401(k) plan.
- She also holds options to purchase various amounts of common stock at prices ranging from $24.63 to $79.73, expiring between 2028 and 2034.
Sentiment
Score: 6
Explanation: The document is neutral, reporting routine stock transactions. The vesting of performance-based units is a positive signal, but the document itself is simply a regulatory filing.
Positives
- The vesting of performance-restricted stock units indicates that the company achieved a significant portion of its performance targets, with the units vesting at 196% of the target.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The vesting of performance-based stock units can be seen as a positive signal to shareholders, indicating that the company is achieving its performance goals.
Key Dates
| Date | Description |
|---|---|
| 01/02/2019 | Date of stock option grant with an exercise price of $24.63 and an expiration date of 01/02/2028. |
| 03/11/2020 | Date of stock option grant with an exercise price of $27.58 and an expiration date of 03/11/2029. |
| 03/11/2021 | Date of stock option grant with an exercise price of $29.48 and an expiration date of 03/11/2030. |
| 03/11/2022 | Date of stock option grant with an exercise price of $48.91 and an expiration date of 03/11/2031. |
| 03/15/2022 | Date of grant for the performance restricted stock units that vested on January 28, 2025. |
| 03/15/2023 | Date of stock option grant with an exercise price of $36.13 and an expiration date of 03/15/2032. |
| 03/06/2024 | Date of stock option grant with an exercise price of $62.04 and an expiration date of 03/06/2033. |
| 03/11/2025 | Date of stock option grant with an exercise price of $79.73 and an expiration date of 03/11/2034. |
| 01/28/2025 | Date of the reported transactions: vesting of performance restricted stock units and disposal of shares for tax liabilities. |
| 01/29/2025 | Date of filing the Form 4. |
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