Form 4: AAON, INC. CEO Gary D. Fields Reports Stock Sale
SEC Form 4
Gary D. Fields, CEO of AAON, INC., reported the sale of 1,225 shares of common stock at $81.25 per share on March 6, 2025.
Summary
- On March 6, 2025, Gary D. Fields, the CEO of AAON, INC., reported a transaction involving the company's stock.
- Fields sold 1,225 shares of common stock at a price of $81.25 per share.
- Following the transaction, Fields directly owns 88,365 shares of AAON, INC.
- He also indirectly owns 9,250 shares as custodian for his grandchildren and 5,746 shares through a 401(k) plan.
- Fields also holds multiple stock options to purchase AAON, INC. common stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by the CEO. It's neutral in sentiment as it simply discloses information without expressing any positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its leadership.
Comparison to Industry Standards
- Executive stock sales are a common occurrence in publicly traded companies.
- The frequency and size of these transactions are often compared to those of executives at peer companies to assess alignment with shareholder interests and potential implications for company performance.
- Companies like Carrier Global, Trane Technologies, and Johnson Controls, which operate in similar industries, are often used as benchmarks for comparison.
Stakeholder Impact
- The stock sale by the CEO could be perceived neutrally or slightly negatively by some shareholders, as it may suggest a lack of confidence in the company's short-term prospects, although it could also be for personal financial planning reasons.
- The impact is likely minimal given the relatively small number of shares sold compared to the CEO's total holdings.
Key Dates
| Date | Description |
|---|---|
| 03/11/2021 | Date exercisable for stock options with an expiration date of 03/11/2030 and an exercise price of $29.48. |
| 05/12/2021 | Date exercisable for stock options with an expiration date of 05/12/2030 and an exercise price of $31.69. |
| 03/11/2022 | Date exercisable for stock options with an expiration date of 03/11/2031 and an exercise price of $48.91. |
| 03/15/2023 | Date exercisable for stock options with an expiration date of 03/15/2032 and an exercise price of $36.13. |
| 03/06/2024 | Date exercisable for stock options with an expiration date of 03/06/2033 and an exercise price of $62.03. |
| 03/06/2025 | Date of stock sale transaction and date exercisable for stock options with an expiration date of 03/11/2034 and an exercise price of $79.73. |
| 03/10/2025 | Date of signature for the Form 4 filing. |
| 03/11/2025 | Date exercisable for stock options with an expiration date of 03/11/2034 and an exercise price of $79.73. |
| 03/11/2030 | Expiration date for stock options with an exercise price of $29.48. |
| 05/12/2030 | Expiration date for stock options with an exercise price of $31.69. |
| 03/11/2031 | Expiration date for stock options with an exercise price of $48.91. |
| 03/15/2032 | Expiration date for stock options with an exercise price of $36.13. |
| 03/06/2033 | Expiration date for stock options with an exercise price of $62.03. |
| 03/11/2034 | Expiration date for stock options with an exercise price of $79.73. |
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