Form 4: AAON, INC. CEO Gary D. Fields Reports Changes in Beneficial Ownership
SEC Form 4
CEO Gary D. Fields reports transactions involving AAON, INC. common stock and stock options.
Summary
- Gary D. Fields, CEO of AAON, INC., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- On March 15, 2024, Fields disposed of 1,550 shares of common stock at a price of $82.45 per share.
- Also on March 15, 2024, Fields disposed of 1,200 shares of common stock at a price of $0.
- Following these transactions, Fields directly owns 64,724 shares of AAON, INC. common stock.
- Fields also indirectly owns 6,750 shares as custodian for his grandchildren and 5,390 shares through a 401(k) plan.
- The report also details Fields' ownership of various stock options with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about ownership changes.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the CEO's transactions as an indicator of management's confidence in the company.
- The transactions themselves are unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/11/2020 | Date exercisable for stock options with an exercise price of $27.58 and an expiration date of 03/11/2029 |
| 03/11/2021 | Date exercisable for stock options with an exercise price of $29.48 and an expiration date of 03/11/2030 |
| 05/12/2021 | Date exercisable for stock options with an exercise price of $31.69 and an expiration date of 05/12/2030 |
| 03/11/2022 | Date exercisable for stock options with an exercise price of $48.91 and an expiration date of 03/11/2031 |
| 03/15/2023 | Date exercisable for stock options with an exercise price of $36.13 and an expiration date of 03/15/2032 |
| 03/06/2024 | Date exercisable for stock options with an exercise price of $62.03 and an expiration date of 03/06/2033 |
| 03/11/2025 | Date exercisable for stock options with an exercise price of $79.73 and an expiration date of 03/11/2034 |
| 03/15/2024 | Date of common stock transactions (disposal of 1,550 shares at $82.45 and 1,200 shares at $0). |
| 03/18/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.