Form 4: AAON, INC.: CEO Gary D. Fields Reports Stock Option Exercise and Subsequent Sale of Shares
SEC Form 4
CEO Gary D. Fields exercised stock options and sold AAON, INC. shares between May 6th and May 8th, 2025.
Summary
- Gary D. Fields, CEO of AAON, INC., reported changes in beneficial ownership of the company's stock.
- On May 6, 2025, Fields exercised stock options to acquire 12,912 shares at a price of $29.48 per share.
- Between May 6 and May 8, 2025, Fields sold a total of 74,402 shares of AAON common stock at prices ranging from $95.00 to $99.10.
- Following these transactions, Fields directly owns 26,491 shares of AAON common stock.
- Fields also holds options to purchase an additional 166,501 shares at prices ranging from $31.69 to $82.39.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CEO, trade in their company's stock. It provides transparency to the market regarding the transactions of company leadership.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The details provided are consistent with SEC regulations and reporting requirements.
- Comparable companies like Lennox International or Carrier Global Corporation would have similar filings when their executives trade company stock.
Stakeholder Impact
- The stock sale by the CEO could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the reasons behind the sale.
- The impact on other stakeholders (employees, customers, suppliers, creditors) is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/11/2021 | Date exercisable for some stock options |
| 05/12/2021 | Date exercisable for some stock options |
| 03/11/2022 | Date exercisable for some stock options |
| 03/15/2023 | Date exercisable for some stock options |
| 03/06/2024 | Date exercisable for some stock options |
| 03/11/2025 | Date exercisable for some stock options |
| 05/06/2025 | Earliest transaction date; stock option exercise and sale of shares |
| 05/07/2025 | Sale of shares |
| 05/08/2025 | Sale of shares |
| 03/11/2026 | Date exercisable for some stock options |
| 03/11/2030 | Expiration date for some stock options |
| 05/12/2030 | Expiration date for some stock options |
| 03/11/2031 | Expiration date for some stock options |
| 03/15/2032 | Expiration date for some stock options |
| 03/06/2033 | Expiration date for some stock options |
| 03/11/2034 | Expiration date for some stock options |
| 03/11/2035 | Expiration date for some stock options |
Keywords
AAON, Gary D. Fields, stock options, Form 4, beneficial ownership, stock sale, CEO
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