AAON - At AAON Stephen E Wakefield Chooses To Exercise Options Resulting In $1.89M | Benzinga
A large exercise of company stock options by Stephen E Wakefield, Vice President at AAON (NASDAQ:AAON) was disclosed in a new SEC filing on July 15, as part of an insider exercise.
What Happened: The latest Form 4 filing on Monday with the U.S. Securities and Exchange Commission uncovered Wakefield, Vice President at AAON, exercising stock options for 29,946 shares of AAON. The total transaction was valued at $1,890,626.
Currently, AAON shares are trading up 0.4%, priced at $91.47 during Tuesday's morning. This values Wakefield's 29,946 shares at $1,890,626.
Unveiling the Story Behind AAON
AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. AAON's products serve the commercial and industrial new construction and replacement markets, primarily in North America.
Understanding the Numbers: AAON's Finances
Revenue Growth: AAON's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -1.45%. This indicates a decrease in the company's top-line earnings. As compared to its ...