Kidwell Casey 4

4 · AAON, INC. · Filed Mar 16, 2026

AI-generated summary of this filing

Updated Mar 16, 2026

AAON Chief Admin Officer Casey Kidwell Exercises Options and Sells Shares

What Happened

Casey Kidwell, Chief Administration Officer of AAON, exercised stock options on 2026-03-12 and sold the shares the same day. Kidwell exercised three option lots: 1,554 shares at $36.13 ($56,146), 831 shares at $35.41 ($29,426), and 2,840 shares at $62.04 ($176,194) — total exercise cost $261,766 for 5,225 shares. Those shares were sold in open-market transactions at $90.00 per share for total proceeds of $470,250.
The filing also reports two share disposals to cover tax/exercise obligations: 89 shares and 91 shares disposed at $91.51 (total ~$16,471). The Form 4 shows corresponding derivative conversion entries for the exercised options.

Key Details

Transaction date: 2026-03-12 (filed on 2026-03-16 — timely; Form 4 due within two business days)
Exercise details: 1,554 @ $36.13 ($56,146); 831 @ $35.41 ($29,426); 2,840 @ $62.04 ($176,194)
Sales: 1,554 + 831 + 2,840 = 5,225 shares sold at $90.00; proceeds $470,250
Tax/withholding: 89 shares ($8,144) + 91 shares ($8,327) disposed at $91.51 (total ~$16,471)
Shares owned after the transactions: not disclosed in the provided filing excerpt
Footnote: F1 notes all shares were transacted at exact prices; no further breakdown provided
Transaction codes: M = option exercise/derivative conversion; S = sale; F = payment of exercise price/tax liability

Context

This appears to be a same-day (cashless-style) exercise and sale: Kidwell exercised options and sold the resulting shares on the same day, a common way for insiders to realize option value while covering exercise costs and taxes.
Sales by employees after exercising options are typically routine and do not, by themselves, indicate a change in sentiment about the company. The filing is factual and timely.

Form 4

Period: 2026-03-12

Chief Administration Officer

Transactions

Exercise/Conversion
Common Stock, par value $.004
[F1]
2026-03-12$36.13/sh+1,554$56,146→ 14,216 total
Sale
Common Stock, par value $.004
[F1]
2026-03-12$90.00/sh−1,554$139,860→ 12,662 total
Exercise/Conversion
Common Stock, par value $.004
[F1]
2026-03-12$35.41/sh+831$29,426→ 13,493 total
Sale
Common Stock, par value $.004
[F1]
2026-03-12$90.00/sh−831$74,790→ 12,662 total
Exercise/Conversion
Common Stock, par value $.004
[F1]
2026-03-12$62.04/sh+2,840$176,194→ 15,502 total
Sale
Common Stock, par value $.004
[F1]
2026-03-12$90.00/sh−2,840$255,600→ 12,662 total
Tax Payment
Common Stock, par value $.004
[F1]
2026-03-12$91.51/sh−89$8,144→ 12,573 total
Tax Payment
Common Stock, par value $.004
[F1]
2026-03-12$91.51/sh−91$8,327→ 12,482 total
Exercise/Conversion
Stock Option (Right to Buy)
2026-03-12$36.13/sh−1,554$56,146→ 0 total
Exercise: $36.13From: 2023-03-15Exp: 2032-03-15→ Common Stock (1,554 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2026-03-12$35.41/sh−831$29,426→ 0 total
Exercise: $35.41From: 2023-05-30Exp: 2032-05-30→ Common Stock (831 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2026-03-12$62.04/sh−2,840$176,194→ 0 total
Exercise: $62.04From: 2024-03-06Exp: 2033-03-06→ Common Stock (2,840 underlying)

Holdings

Common Stock, par value $.004
(indirect: By 401(k))
2,208
Stock Option (Right to Buy)
Exercise: $79.73From: 2025-03-11Exp: 2034-03-11→ Common Stock (3,126 underlying)
3,126
Stock Option (Right to Buy)
Exercise: $82.39From: 2026-03-11Exp: 2035-03-11→ Common Stock (3,207 underlying)
3,207

Footnotes (1)

[F1]All shares granted/purchased/converted/sold, as applicable, at an exact price. A breakdown is not applicable.

Signature

Casey R. Kidwell|2026-03-16

1 file