Form 4: AAON Inc. Director Norman H. Asbjornson Reports Gift of Shares and Beneficial Ownership

Director Norman H. Asbjornson reports a gift of AAON Inc. shares and details beneficial ownership, including holdings through trusts, a private foundation, and a 401(k) plan.

Summary

• On April 24, 2024, Norman H. Asbjornson, a director and 10% owner of AAON Inc., reported a transaction involving the company's common stock.
• Asbjornson gifted 66,750 shares of common stock.
• Following the transaction, Asbjornson directly owns 14,874 shares.
• Asbjornson indirectly owns 13,211,069 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 stock transactions and beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key company insider.
• The gift of shares could potentially impact the float and trading volume of AAON stock.

Key Dates