Form 4: AAON Inc. Director Norman H. Asbjornson Reports Changes in Beneficial Ownership

Director Norman H. Asbjornson reports a gift transaction and updates to beneficial ownership of AAON Inc. stock and derivative securities.

Summary

• On April 5, 2024, Norman H. Asbjornson, a director and 10% owner of AAON Inc., reported changes in beneficial ownership of the company's stock.
• Asbjornson gifted 17,100 shares of common stock.
• Following the transaction, Asbjornson directly owns 14,874 shares.
• Asbjornson indirectly owns 13,277,819 shares through trusts, 231,000 shares through a private foundation, and 10,744 shares through a 401(k) plan.
• Asbjornson also holds various stock options with exercise prices ranging from $13.95 to $48.91, expiring between 2025 and 2031.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track changes in ownership and potential alignment of interests.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key insider.
• The gift transaction may have tax implications for the reporting person.

Key Dates