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.
Price Chart
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
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.
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
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AAON-1778798927887 |
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
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access