AAON AAON, INC.

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon immediate Filed May 7, 2026 Processed 26d 8h ago
Insider cluster: 2 insiders, $4.8M total
Latest settled — T+20d ⚠ clustered
AAON ▲ +14.70% at T+20d
NEUTRAL call ✓ call won +14.70% · α vs SPY +11.56% · entry $129.25 → $148.25
Next anchor: T+60d in 7w
Last close $132.05 (close Jun 8) · +2.17% from $129.25 entry
Entry anchored
May 6, 06:24 PM ET
via Databento tick
T+1d
+8.05%
call +8.05% · α +7.22%
$139.66
settled 5w ago
T+5d
+8.32%
call +8.32% · α +6.02%
$140.00
settled 28d ago
T+20d
+14.70%
call +14.70% · α +11.56%
$148.25
settled 6d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Two AAON insiders sold a total of $4.81M in stock over the past week, including a director's $3.49M open-market sale and the CAO's $1.32M sale. These sales follow the company's record Q1 earnings beat and raised guidance, which sent the stock up ~5% on the day. The dollar value is ~0.04% of market cap, well below the 0.1% materiality threshold, and the sales are likely liquidity-driven after a strong run-up rather than signaling bearish conviction.

Key Financial Metrics

Direction
selling
Total Value
$4.8M
Insiders
2

Actionable Insight

These sales are routine in size and timing relative to the company's market cap and strong earnings report. No bearish signal — the director's sale appears to be a cash-out of exercised options, and the CAO's sale is modest. Monitor for any acceleration of insider selling in the next 30 days, but this cluster alone does not warrant action.

Key Facts

  • Director Gary D. Fields sold 26,018 shares at $134.07 for $3.49M on May 12, after exercising derivatives at lower strike prices.
  • CAO Rebecca Thompson sold 9,700 shares at $136.59 for $1.32M on May 7.
  • Total insider sales of $4.81M represent ~0.04% of AAON's $11.1B market cap.
  • Sales occurred within 7 days of AAON reporting record Q1 sales of $496.9M (+54% YoY) and raising full-year guidance to 40-45% revenue growth.
  • No open-market purchases were reported in the cluster.

Financial Impact

Total insider sales of $4.81M, or ~0.04% of market cap — trivial relative to company size.

dilution

Risk Factors

  • Insider sales could accelerate if the stock continues to rally, but current volume is immaterial.
  • No risk of material insider-driven selloff at this scale.

Market Snapshot

Exchange
Nasdaq
Sector
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Analyst Consensus
85% bullish (13 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-AAON-1778798927887
13 reports for AAON
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for AAON — sortable, filterable
Type Now
Jun 8, 2026
1d ago
8-K
NEUTRAL ★ 4/10
$132.69 awaiting T+5awaiting T+5$132.05 (−0.48%)
Jun 5, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$137.32 awaiting T+5awaiting T+5$132.05 (−3.83%)
Jun 1, 2026
8d ago
ANALYST-UPGRADE
MIXED ★ 1/10
$73.45 $72.99▼ −0.62%▼ −1.31%$132.05 (+79.79%)
May 27, 2026
13d ago
Insider Cluster
NEUTRAL ★ 3/10
$139.54 $143.50▲ +2.84%▲ +1.63%$132.05 (−5.37%)
May 27, 2026
13d ago
Insider Cluster
NEUTRAL ★ 2/10
$139.54 $143.50▲ +2.84%▲ +1.63%$132.05 (−5.37%)
May 18, 2026
22d ago
8-K
NEUTRAL ★ 2/10
$133.94 $141.12▲ +5.36%▲ +3.74%$132.05 (−1.41%)
May 15, 2026
25d ago
Insider Cluster
NEUTRAL ★ 3/10
$135.49 $134.60▼ −0.66%▼ −1.62%$132.05 (−2.54%)
May 13, 2026
27d ago
Insider Cluster
NEUTRAL ★ 3/10
$140.00 $132.39▼ −5.44%▼ −4.72%$132.05 (−5.68%)
May 13, 2026
27d ago
144
NEUTRAL ★ 2/10
$135.37 $133.76▼ −1.19%▼ −1.05%$132.05 (−2.45%)
May 7, 2026
4w ago
8-K
BULLISH ★ 8/10
$129.25 $135.37▲ +4.74%▲ +3.23%$132.05 (+2.17%)
Showing 10 of 13

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