AAON - Insider Activity Update: Rebecca Thompson Executes Options Exercise Resulting In $679K At AAON | Benzinga
A large exercise of company stock options by Rebecca Thompson, Chief Financial Officer at AAON (NASDAQ:AAON) was disclosed in a new SEC filing on May 16, as part of an insider exercise.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Thompson, Chief Financial Officer at AAON, a company in the Industrials sector, just exercised stock options worth 13,500 shares of AAON stock with an exercise price of $24.63.
The Friday morning update indicates AAON shares up by 0.16%, currently priced at $74.98. At this value, Thompson's 13,500 shares are worth $679,725.
All You Need to Know About 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.
Key Indicators: AAON's Financial Health
Decline in Revenue: Over the 3 months period, AAON faced challenges, resulting in a decline of approximately -1.45% in revenue growth as of 31 March, 2024. This ...