Insider selling at this scale is routine and non-informative. No trading signal. Monitor next earnings for any fundamental change, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Three AAON insiders sold a total of $3.69M in open-market sales over a 7-day window, led by Director Gary Fields ($2.66M) and including the Chief Accounting Officer and an EVP. At $11.8B market cap, the cluster represents ~0.03% of market cap — well below the 0.1% materiality threshold — and is consistent with routine portfolio diversification or 10b5-1 plan activity. The cluster is not informative given the small relative size and the academic finding that cluster sales lack predictive power.
Key Financial Metrics
Key Facts
- Three insiders sold $3.69M total in open-market transactions over 7 days
- Director Gary Fields sold $2.66M (19,000 shares at $140.20) — largest trade
- Chief Accounting Officer Rebecca Thompson sold $607K (4,230 shares at $143.42)
- EVP Gordon Wichman sold $421K (3,000 shares at $140.39)
- Total sales represent ~0.03% of AAON's $11.8B market cap — trivial
- No insider purchases in the cluster; net direction is selling
Financial Impact
Total insider sales of $3.69M represent ~0.03% of AAON's $11.8B market cap — immaterial
Risk Factors
- Insider sales could accelerate if broader market or sector weakness emerges
- No evidence of 10b5-1 plans, but pattern is consistent with routine diversification
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AAON-1780670176402 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 28, 2026 5w ago | 8-K | $75.87 $79.40 | ▲ +4.65% | ▲ +4.54% | $84.43 (+11.28%) |
Aug 13, 2026 7w ago | Press Release | $87.67 $80.84 | ▼ −7.79% | ▼ −5.83% | $84.43 (−3.70%) |
Aug 10, 2026 7w ago | 8-K | $89.24 $88.09 | ▼ −1.29% | ▼ −1.24% | $84.43 (−5.39%) |
Jul 31, 2026 9w ago | Institutional Cluster | $89.06 $94.83 | ▲ +6.48% | ▲ +2.97% | $84.43 (−5.20%) |
Jul 30, 2026 9w ago | 8-K | $87.59 $90.28 | ▲ +3.07% | ▼ −0.55% | $84.43 (−3.61%) |
Jul 23, 2026 10w ago | ANALYST-UPGRADE | $107.68 $87.59 | ▼ −18.66% | ▼ −19.13% | $84.43 (−21.59%) |
Jun 8, 2026 16w ago | 8-K | $132.05 $131.26 | ▼ −0.60% | ▼ −2.71% | $84.43 (−36.06%) |
Jun 5, 2026 17w ago | Insider Cluster | $132.62 $127.19 | ▼ −4.09% | ▼ −4.66% | $84.43 (−36.34%) |
May 27, 2026 18w ago | Insider Cluster | $139.54 $143.50 | ▲ +2.84% | ▲ +1.63% | $84.43 (−39.49%) |
May 27, 2026 18w ago | Insider Cluster | $139.54 $143.50 | ▲ +2.84% | ▲ +1.63% | $84.43 (−39.49%) |
US Market Status
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