Form 4: AAON Inc. Executive Xerxes P Gazder Reports Stock Transactions
SEC Form 4
Xerxes P Gazder, Chief Information Officer of AAON, Inc., reports acquisition of common stock and stock options.
Summary
- On March 11, 2024, Xerxes P Gazder, the Chief Information Officer of AAON, Inc., reported transactions involving AAON's common stock.
- Gazder acquired 702 shares of common stock at $0.
- Gazder also owns 1,126 shares indirectly through a 401(k) plan.
- Gazder holds stock options to buy 3,360 shares at $34.82, exercisable from July 18, 2023, and expiring on July 18, 2032.
- Gazder holds stock options to buy 2,839 shares at $62.04, exercisable from March 6, 2024, and expiring on March 6, 2033.
- Gazder holds stock options to buy 2,010 shares at $79.73, exercisable from March 11, 2025, and expiring on March 11, 2034.
- The stock award is granted under the Issuer's 2016 Long Term Incentive Plan and is exercisable or vests ratably on each of the first three anniversaries of the date of the grant.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting required information about stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 07/18/2023 | Date from which stock options to buy 3,360 shares at $34.82 are exercisable |
| 03/06/2024 | Date from which stock options to buy 2,839 shares at $62.04 are exercisable |
| 03/11/2024 | Date of reported stock acquisition of 702 shares. |
| 03/11/2025 | Date from which stock options to buy 2,010 shares at $79.73 are exercisable |
| 03/06/2033 | Expiration date for stock options to buy 2,839 shares at $62.04 |
| 03/11/2034 | Expiration date for stock options to buy 2,010 shares at $79.73 |
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