Gary D. Fields, a director at AAON, Inc. (NASDAQ:AAON), sold 19,081 shares of common stock on May 13, 2026, for a total value of $2,625,545.
The shares were sold at a weighted average price of $137.60, with individual transactions ranging from $134.02 to $139.24. AAON shares have surged 84% year-to-date, trading at a P/E ratio of 98.5 with a market cap of $11.5 billion.
The sale followed an exercise of stock options on the same day, where Mr. Fields acquired 19,081 shares at an exercise price of $36.13 per share, totaling $689,396. According to Bond.az analysis, the stock appears overvalued at current levels.
Following these transactions, Mr. Fields directly holds 34,252 shares. He also indirectly holds 6,232 shares through a 401(k) Plan and 9,250 shares as custodian for his grandchildren.
Mr. Fields continues to hold several stock options, including rights to buy 21,173 shares at $48.91, 31,968 shares at $62.03, 22,338 shares at $79.73, and 7,329 shares at $82.39, with expiration dates extending into the 2030s.
In other recent news, AAON reported impressive first-quarter results for 2026, with EPS of $0.48, beating estimates of $0.45. Revenue reached $496.94 million versus $381.08 million expected, a 30.4% surprise. AAON raised its full-year 2026 guidance. Oppenheimer increased its price target for AAON to $145 from $118, maintaining an Outperform rating.
