Form 4: AAON Inc. Director Norman H. Asbjornson Reports Transactions in Company Stock
SEC Form 4
Director Norman H. Asbjornson reports stock sales, gifts, and adjustments in beneficial ownership of AAON Inc. shares.
Summary
- On August 6, 2024, Norman H. Asbjornson, a director of AAON Inc., reported selling 11,022 shares of common stock at a price of $87.41 per share.
- On the same day, Asbjornson gifted 69,405 shares of common stock.
- On August 7, 2024, Asbjornson gifted 30,955 shares of common stock.
- Following these transactions, Asbjornson directly owns 5,135 shares and indirectly owns 1,482,949 shares through a private foundation, 11,808,547 shares as trustee of trusts, and 10,754 shares through a 401(k) plan.
- Asbjornson also holds various stock options to purchase AAON Inc. common stock at prices ranging from $13.95 to $48.91, with expiration dates between 2025 and 2031.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the corporate world. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The stock sale could have a minor negative impact on shareholder sentiment, while the gifts have no direct financial impact on shareholders.
- The transactions provide transparency to stakeholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/12/2022 | Date of grant for various stock options with different exercise prices and expiration dates. |
| 08/06/2024 | Date of stock sale and gift transactions. |
| 08/07/2024 | Date of stock gift transaction. |
| 08/08/2024 | Date of signature for the Form 4 filing. |
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