AAON AAON, INC.

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon days Filed May 27, 2026 Processed 5d ago
Insider cluster: 2 insiders, $3.4M total
Latest settled — T+5d ⚠ clustered
AAON ▲ +2.84% at T+5d
NEUTRAL call ✓ call won +2.84% · α vs SPY +1.63% · entry $139.54 → $143.50
Next anchor: T+20d in 19d
Currently $132.62 · -4.96% from $139.54 entry
Entry anchored
May 27, 02:34 PM ET
via Databento tick
T+1d
+1.95%
call +1.95% · α +1.40%
$142.26
settled 9d ago
T+5d
+2.84%
call +2.84% · α +1.63%
$143.50
settled 3d ago
T+20d
call — · α —
in 19d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Two AAON insiders sold a combined $3.39M in open-market shares on May 26, 2026, with Director Fields executing a same-day derivative exercise and sale. The sales represent ~0.03% of AAON's $11.5B market cap, a trivial amount. Both sales coincided with option exercises, suggesting liquidity-driven diversification rather than a bearish signal. The cluster is amplified by cross-filing context (cluster-insider-trades + cluster-press-context), but the dollar magnitude is immaterial relative to company size.

Key Financial Metrics

Direction
selling
Total Value
$3.4M
Insiders
2

Actionable Insight

The sales are routine and liquidity-driven, not a bearish signal. Monitor for any material news (earnings, guidance, M&A) that could explain a larger pattern, but standalone this cluster has no actionable trading implication.

Key Facts

  • Director Fields sold 21,173 shares at $140.34 for $2.97M, simultaneously exercising options at $48.91
  • EVP Wichman sold 3,000 shares at $140.39 for $421K, simultaneously exercising options at $27.58
  • Total open-market sales of $3.39M represent ~0.03% of AAON's $11.5B market cap
  • Both sales were same-day derivative exercises, consistent with tax-efficient diversification
  • No open-market purchases occurred in the cluster window

Financial Impact

Total insider sales of $3.39M, immaterial relative to $11.5B market cap

insider ownership

Risk Factors

  • If additional insiders begin selling without option exercises, could signal deteriorating fundamentals
  • The cross-filing amplifier suggests insider trades combined with press context have historically been more informative, but the dollar amount here is too small to act on

Market Snapshot

Exchange
Nasdaq
Sector
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Analyst Consensus
92% bullish (12 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-AAON-1780353204071
12 reports for AAON
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for AAON — sortable, filterable
Type Now
Jun 5, 2026
1d ago
Insider Cluster
NEUTRAL ★ 2/10
$137.32 awaiting T+5awaiting T+5$132.62 (−3.42%)
Jun 1, 2026
5d ago
ANALYST-UPGRADE
MIXED ★ 1/10
$73.45 $72.99▼ −0.62%▼ −1.31%$132.62 (+80.56%)
May 27, 2026
10d ago
Insider Cluster
NEUTRAL ★ 3/10
$139.54 $143.50▲ +2.84%▲ +1.63%$132.62 (−4.96%)
May 27, 2026
10d ago
Insider Cluster
NEUTRAL ★ 2/10
$139.54 $143.50▲ +2.84%▲ +1.63%$132.62 (−4.96%)
May 18, 2026
19d ago
8-K
NEUTRAL ★ 2/10
$133.94 $141.12▲ +5.36%▲ +3.74%$132.62 (−0.99%)
May 15, 2026
22d ago
Insider Cluster
NEUTRAL ★ 3/10
$135.49 $134.60▼ −0.66%▼ −1.62%$132.62 (−2.12%)
May 13, 2026
24d ago
Insider Cluster
NEUTRAL ★ 3/10
$140.00 $132.39▼ −5.44%▼ −4.72%$132.62 (−5.27%)
May 13, 2026
24d ago
144
NEUTRAL ★ 2/10
$135.37 $133.76▼ −1.19%▼ −1.05%$132.62 (−2.03%)
May 7, 2026
4w ago
8-K
BULLISH ★ 8/10
$129.25 $135.37▲ +4.74%▲ +3.23%$132.62 (+2.61%)
May 7, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$129.25 $140.00▲ +8.32%▲ +6.02%$132.62 (+2.61%)
Showing 10 of 12

US Market Status

Market Closed — Opens Mon (14h 56m)

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