Casey R. Kidwell - 28 Jan 2025 Form 4 Insider Report for AAON, INC. (AAON)

Role: Chief Administration Officer
Signature: Casey R. Kidwell
Issuer symbol: AAON
Transactions as of: 28 Jan 2025
Net transactions value: +$654,972
Form type: 4
Filing time: 29 Jan 2025, 18:01:54 UTC
Previous filing: 20 Nov 2024
Next filing: 10 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAON	Common Stock, par value $.004	Options Exercise	$553,150	+4,949	+100%	$111.77	9,902	28 Jan 2025	Direct	F1, F2
transaction	AAON	Common Stock, par value $.004	Tax liability	$168,884	-1,511	-15%	$111.77	8,391	28 Jan 2025	Direct	F1, F2
transaction	AAON	Common Stock, par value $.004	Options Exercise	$381,918	+3,417	+41%	$111.77	11,808	28 Jan 2025	Direct	F2, F3
transaction	AAON	Common Stock, par value $.004	Tax liability	$111,211	-995	-8.4%	$111.77	10,813	28 Jan 2025	Direct	F2, F3
holding	AAON	Common Stock, par value $.004						1,733	28 Jan 2025	401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	AAON	Stock Option (Right to Buy)						1,554	28 Jan 2025	Common Stock	1,554	$36.13	Direct
holding	AAON	Stock Option (Right to Buy)						831	28 Jan 2025	Common Stock	831	$35.41	Direct
holding	AAON	Stock Option (Right to Buy)						2,840	28 Jan 2025	Common Stock	2,840	$62.04	Direct
holding	AAON	Stock Option (Right to Buy)						3,126	28 Jan 2025	Common Stock	3,126	$79.73	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 28, 2025, the Compensation Committee determined the performance restricted stock units, granted on March 15, 2022 vested at 196 percent of the performance target, based on the issuer's achievement of the relevant performance conditions. The shares received were net of taxes withheld to cover the reporting person's tax liability. Cash was paid in lieu of fractional shares, if any.
F2	All shares granted/converted/sold, as applicable, at an exact price. A breakdown is not applicable.
F3	On January 28, 2025, the Compensation Committee determined the performance restricted stock units, granted on May 30, 2022 vested at 196 percent of the performance target, based on the issuer's achievement of the relevant performance conditions. The shares received were net of taxes withheld to cover the reporting person's tax liability. Cash was paid in lieu of fractional shares, if any.