Form 4: AAON Inc. Former CIO, Xerxes P Gazder, Reports Stock Transactions
SEC Form 4 Filing
Former AAON Inc. CIO, Xerxes P Gazder, reports multiple transactions involving the company's common stock and stock options on January 10, 2025.
Summary
- Xerxes P Gazder, former CIO of AAON Inc., reported several transactions on January 10, 2025.
- These transactions included the acquisition of 2,240 shares of common stock at $34.82 per share and 947 shares at $62.04 per share.
- Gazder also disposed of 1,190 shares at $119.51 per share and 626 shares at $119.51 per share.
- Additionally, Gazder's stock options for 2,240 shares at $34.82 and 947 shares at $62.04 were also reported.
- Following these transactions, Gazder directly owns 1,573 shares and indirectly owns 1,617 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment. It's a routine filing.
Industry Context
This filing is a routine disclosure of stock transactions by a former executive, which is common in publicly traded companies. It provides transparency into insider trading activities.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
- The transactions reported are typical for executives who hold stock options and shares in their former companies.
- The prices at which the shares were transacted are within the range of normal market fluctuations for AAON stock.
Stakeholder Impact
- The transactions may have a minor impact on the stock price, but are unlikely to significantly affect shareholders.
- The filing provides transparency to stakeholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 07/18/2023 | Date of exercisable stock options for 2,240 shares at $34.82. |
| 03/06/2024 | Date of exercisable stock options for 947 shares at $62.04. |
| 01/10/2025 | Date of reported stock and stock option transactions. |
| 02/28/2025 | Expiration date for both stock option grants. |
| 01/13/2025 | Date of signature on the Form 4 filing. |
Keywords
AAON Inc., stock transactions, Form 4, insider trading, Xerxes P Gazder, stock options, common stock
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