AAON AAON, INC. Insider Trading

Director Gary D Fields sells 19,000 AAON shares at $140.20 ($2.7M); reduces holdings by -55.5%; stock +48.2% in 30 days post-filing.

Gary D Fields sold 19,000 shares at $140.20, reducing his holdings from 34,252 to 15,252 shares, a -55.5% reduction in position size. The sale occurred as AAON's stock has rallied +48.2% over the prior 30 days and +45.4% over 90 days, currently trading at $138.66 or -6.9% from its 52-week high of $149.00. Across his prior five trades at AAON, two of five sells resulted in negative 90-day returns (well-timed), while his most recent May 2026 sales both showed positive 90-day outcomes, suggesting mixed timing at this specific ticker. The company's fundamentals show strong recent growth: revenue of $496,936,000.00 with net income of $39,815,000.00 in the latest quarter, and annual revenue growth of +20.1%, though the P/E of 96.29 reflects elevated valuation expectations relative to earnings.

Director Gary D Fields sells 21,173 AAON shares at $140.34 for $2,971,418.82; reduces stake 38.2% in strong rally (+53.3% 30-day)

Gary D Fields, Director, sold 21,173 shares of AAON at $140.34 on 2026-05-26, reducing his holdings from 55,425 to 34,252 shares (-38.2% of pre-transaction stake) for a total value of $2,971,418.82. The sale occurs against a backdrop of significant recent price momentum: the stock has gained 53.3% over the prior 30 days and 42.0% over 90 days, and currently trades at $140.47, just 5.7% below its 52-week high of $149.00. Across Fields' cross-ticker sell history, his 90-day well-timed rate is 61.54%, but at AAON specifically, only 2 of his 5 prior sales realized negative 90-day returns (indicating well-timed sales); notably, his two most recent AAON sells on 2026-05-13 and 2026-05-12 returned +2.6% and +5.3% at the 90-day mark, meaning the stock subsequently rose after those sales. The company's fundamentals show strong growth (annual revenue growth +20.1%, latest quarter revenue $496,936,000.00 and net income $39,815,000.00) but the valuation is elevated with a P/E of 97.55, which may warrant attention when an insider executes a substantial partial reduction during a period of rapid appreciation.

AAON CEO Tobolski sold 8,000 shares at $135.37 on 2026-05-13 for $1.1M; retains 114.4K shares post-transaction

Matthew Joseph Tobolski, AAON's Chief Executive Officer, executed a sale of 8,000 shares at $135.37, reducing his position to 114.4K shares while maintaining substantial ownership. This sale occurs as AAON stock has rallied +49.2% over 30 days and +38.6% over 90 days from depressed levels, with the company posting solid fundamentals including annual revenue growth of +20.1% and net income of $39.8M on $496.9M quarterly revenue. The sale timing—following the sharp price recovery—provides limited directional signal absent disclosure of tax-motivated or scheduled transaction details, though the CEO's continued substantial shareholding suggests confidence in the company's longer-term trajectory.

Director Fields sells 19,081 shares at AAON for $2.6M on 5/13/26, holding 34,252 shares post-sale

Director Gary D Fields sold 19,081 shares for $2,625,545.60 on 2026-05-13, reducing his position to 34,252 shares. The sale occurred while AAON's stock was trading at elevated momentum (up +49.2% over 30 days and up +38.6% over 90 days) and at a 52-week high proximity (-6.0% from 52-week high). Across his cross-ticker track record, Fields has demonstrated a 66.67% well-timed rate on prior sells, and at AAON specifically, 3 of 5 prior sales preceded declines at the 90-day mark. The elevated P/E of 97.22 combined with the timing of this sale during strong recent price momentum may signal concern about valuation after the stock's significant gains, though the transaction alone does not confirm conviction about future direction.

Director Gary D Fields exercised options and immediately sold all shares, realizing gain but holding no net position.

Director Gary D Fields exercised two separate option grants and sold all 31,271 shares the same day, generating a total gain of approximately $2.75 million between acquisition and sale. This is a mechanical cash realization—exercising vested options and immediately liquidating—rather than a conviction signal, and it follows a consistent pattern: Fields has conducted only open-market sales (seven at AAON alone over the past three years) with no open-market purchases. At the 30-day horizon, four of five prior AAON sales proved well-timed as the stock subsequently declined, though at 90 days all five prior sales were well-timed exits as shares fell further, suggesting Fields has demonstrated reliable selling discipline at this company. The current exercise-and-sell occurs while the stock trades modestly below its 52-week high and has recently rallied sharply; the company remains profitable with solid revenue growth, though the valuation appears stretched relative to earnings. This trade reflects routine option monetization and disciplined position management, not a major new conviction or concern.

CAO Rebecca Thompson exercised and immediately sold all 9,672 shares for gross proceeds, following her pattern of six prior sales in three years.

Rebecca Thompson, Chief Accounting Officer of AAON, exercised 9,672 shares and sold the entire position on the same day at a substantial gain over the exercise price, generating approximately $1.3 million in gross proceeds. This trade is consistent with Thompson's established pattern: she has made eleven open-market sales in the past three years and has never purchased shares on the open market, focusing instead on exercising restricted stock or options and promptly liquidating them. Her prior sales at this company show mixed timing results—one well-timed exit where the stock subsequently declined, but four others where the stock rose after she sold—suggesting she has not consistently captured the best exit prices. The company is currently profitable with strong revenue growth, and the stock recently approached its 52-week high after a significant rally, yet Thompson's immediate liquidation of her exercised shares continues her consistent pattern of converting equity compensation into cash rather than maintaining exposure to the company's future performance. This is routine vesting-and-selling activity for an officer in a non-leadership position, not a signal of either opportunity or concern.

Chief Accounting Officer exercises and immediately sells all 21,914 shares at substantial profit.

Rebecca Thompson, Chief Accounting Officer of AAON, exercised 21,914 shares and sold the entire position on the same day at a significant profit. This is a classic tax-motivated exercise-and-sell transaction—a routine compliance event where stock compensation vests and the executive liquidates immediately rather than holding the position. Thompson has no history of open-market share purchases in the past three years; all prior activity has been compensation-related exercises and sales, making this transaction consistent with compensation management rather than a reflection of insider conviction about the company's direction. Her prior five sales at AAON showed mixed timing results, with four poorly timed (the stock rose afterward) and one well-timed exit, indicating inconsistent judgment on when to exit positions. The company remains profitable and growing, and the stock has gained substantially recently, but Thompson's same-day liquidation of the entire exercise reflects classic insider behavior in response to compensation vesting, not a deliberate investment decision.

AAON insider exercises options and sells entire position same-day, capturing gains as stock near recent highs.

An AAON insider executed a same-day exercise-and-sell pattern, acquiring shares through option exercise and immediately liquidating the full position for a significant profit. The stock is trading slightly below its recent peak after a strong month of appreciation, suggesting the insider timed a liquid market to cash out. AAON itself is a profitable, revenue-growing company with solid fundamentals, but the stock trades at a stretched valuation multiple—making this a classic signal of insider confidence in price levels rather than conviction in future upside. The mechanical nature of this transaction (exercise immediately followed by sale) is typical of option-expiration activity and tax-planning strategies rather than a vote of confidence in the business itself.