Form 4: AAON Inc. Vice President Stephen E. Wakefield Sells Shares
SEC Form 4 Filing
AAON Inc. Vice President Stephen E. Wakefield sold 5,362 shares of common stock at an average price of $130.99 on December 13, 2024.
Summary
- Stephen E. Wakefield, a Vice President at AAON Inc., sold 5,362 shares of common stock on December 13, 2024.
- The sale was executed at a weighted average price of $130.99 per share, with individual trades ranging from $130.49 to $131.51.
- Following the transaction, Wakefield directly owns 4,558 shares and indirectly owns 10,743 shares through a 401(k) plan.
- Wakefield also holds multiple stock options with various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company officers.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
- The sale of shares by a company officer is a common occurrence and does not necessarily indicate a negative outlook for the company.
- Similar filings can be observed for officers of comparable companies such as Lennox International or Carrier Global Corporation.
Stakeholder Impact
- The sale of shares by a company officer may be of interest to shareholders, but it is a common occurrence and does not necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 03/11/2021 | Date of exercisability for a stock option with an exercise price of $29.48. |
| 03/15/2023 | Date of exercisability for a stock option with an exercise price of $36.13. |
| 03/06/2024 | Date of exercisability for a stock option with an exercise price of $62.04. |
| 12/13/2024 | Date of the stock sale transaction. |
| 03/11/2025 | Date of exercisability for a stock option with an exercise price of $79.73. |
| 03/11/2030 | Expiration date for a stock option with an exercise price of $29.48. |
| 03/15/2032 | Expiration date for a stock option with an exercise price of $36.13. |
| 03/06/2033 | Expiration date for a stock option with an exercise price of $62.04. |
| 03/11/2034 | Expiration date for a stock option with an exercise price of $79.73. |
| 12/17/2024 | Date the Form 4 was signed. |
Keywords
AAON, stock sale, insider trading, Stephen E. Wakefield, Form 4, equity securities, stock options
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.