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 updates on beneficial ownership, including holdings in trusts, a private foundation, and a 401(k) plan.

Summary

• On March 28, 2024, Norman H. Asbjornson, a director and 10% owner of AAON Inc., reported a transaction involving the company's common stock.
• Asbjornson gifted 23,910 shares of common stock.
• Following the transaction, Asbjornson directly owns 14,874 shares.
• Asbjornson indirectly owns 13,294,919 shares through trusts, 231,000 shares through a private foundation, and 10,734 shares through a 401(k) plan.
• Asbjornson also holds multiple stock options with varying exercise prices and expiration dates.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions and beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the ownership stake of key individuals.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key director and 10% owner.
• The gift of shares could potentially have a minor impact on the stock's float.

Key Dates