Form 4: AAON Inc. Executive Vice President Stephen E. Wakefield Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President Stephen E. Wakefield reports a disposition of AAON, Inc. stock to cover tax obligations, while maintaining significant holdings.
Summary
- On March 14, 2025, Stephen E. Wakefield, Executive Vice President of AAON, Inc., reported a transaction involving the company's common stock.
- Wakefield disposed of 322 shares at a price of $82.14 per share to satisfy tax obligations.
- Following the transaction, Wakefield directly owns 10,730 shares of AAON common stock.
- Wakefield also indirectly owns 11,071 shares through a 401(k) plan.
- Wakefield holds options to purchase additional shares of common stock at various exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The executive maintains a significant stake in the company, which is a positive sign.
Positives
- The reporting person maintains a significant direct and indirect ownership stake in AAON, Inc.
- The reporting person holds multiple stock options with varying exercise prices and expiration dates, indicating a long-term incentive.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive sold shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/11/2021 | Date of exercisable for stock options with an expiration date of 03/11/2030 and an exercise price of $29.48. |
| 03/15/2023 | Date of exercisable for stock options with an expiration date of 03/15/2032 and an exercise price of $36.13. |
| 03/06/2024 | Date of exercisable for stock options with an expiration date of 03/06/2033 and an exercise price of $62.04. |
| 03/14/2025 | Date of stock transaction where 322 shares were disposed of at $82.14 per share. |
| 03/11/2025 | Date of exercisable for stock options with an expiration date of 03/11/2034 and an exercise price of $79.73. |
| 03/11/2026 | Date of exercisable for stock options with an expiration date of 03/11/2035 and an exercise price of $82.39. |
| 03/11/2030 | Expiration date for stock options with an exercise price of $29.48. |
| 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 $62.04. |
| 03/11/2034 | Expiration date for stock options with an exercise price of $79.73. |
| 03/11/2035 | Expiration date for stock options with an exercise price of $82.39. |
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