Form 4: AAON Director Gifts Shares, Updates Holdings

AAON Director and 10% Owner Norman H. Asbjornson gifted 71,916 shares of common stock on November 14, 2025, reducing his direct beneficial ownership.

Summary

• Norman H. Asbjornson, a Director and 10% Owner of AAON, INC., reported a transaction on November 14, 2025.
• The transaction involved the disposition of 71,916 shares of AAON common stock as a gift (Transaction Code 'G') at a price of $0 per share.
• Following this transaction, Mr. Asbjornson directly beneficially owns 97,504 shares of common stock.
• Additionally, Mr. Asbjornson indirectly beneficially owns 10,810 shares through a 401(k) Plan, 1,289,290 shares through a Private Foundation, and 11,683,842 shares as a Trustee of trusts.
• His total beneficial ownership after the reported transaction is 13,081,446 shares of common stock (97,504 direct + 12,983,942 indirect).
• Mr. Asbjornson also holds various stock options (rights to buy) with exercise prices ranging from $22.93 to $48.91, totaling 647,104 derivative securities, with expiration dates between February 22, 2027, and March 11, 2031.

Sentiment

Score: 5

Explanation: The filing reports a gift of shares by a director and 10% owner. While it reduces direct beneficial ownership, the overall beneficial ownership remains substantial, and the transaction itself does not inherently signal positive or negative company performance. It is likely for philanthropic or estate planning purposes.

Negatives

• The direct beneficial ownership of common stock by a Director and 10% Owner decreased by 71,916 shares due to a gift.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

AAON, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Director, 10% Owner