# EDGAR Filing Document

**Accession Number:** 0000824142
**File Stem:** 0000824142-23-000024
**Filing Date:** 2023-3
**Character Count:** 8180
**Document Hash:** 41cf40deb6bf1bd65440cad9d7a63f23
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000824142-23-000024.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0000824142-23-000024

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230301

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AAON, INC.
- **CENTRAL INDEX KEY:** 0000824142
- **STANDARD INDUSTRIAL CLASSIFICATION:** AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585]
- **IRS NUMBER:** 870448736
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-18953
- **FILM NUMBER:** 23692022

**BUSINESS ADDRESS:**
- **STREET 1:** 2425 SOUTH YUKON AVE.
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74107
- **BUSINESS PHONE:** 9185832266

**MAIL ADDRESS:**
- **STREET 1:** 2425 SOUTH YUKON AVE.
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74107

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AAON INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DIAMOND HEAD RESOURCES INC
- **DATE OF NAME CHANGE:** 19900808

?xml version="1.0" ? aaon-20230301

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

Washington, D.C. 20549

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): March 1, 2023

**AAON, INC.** 

(Exact name of Registrant as Specified in Charter)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Nevada** | **Nevada** | **Nevada** | **0-18953** | **87-0448736** |
| (State or Other Jurisdiction | (State or Other Jurisdiction | (State or Other Jurisdiction | (Commission File Number:) | (IRS Employer Identification No.) |
| of Incorporation) | of Incorporation) | of Incorporation) |  |  |
| **2425 South Yukon Ave.,** | **Tulsa,** | **Oklahoma** |  | **74107** |
| (Address of Principal Executive Offices) | (Address of Principal Executive Offices) | (Address of Principal Executive Offices) |  | (Zip Code) |

---

(Registrant's telephone number, including area code): **(918) 583-2266** 

**Not Applicable**

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered <br> <u>Common Stock</u> <u>AAON</u> <u>NASDAQ</u>

------

**Item 8.01 Other Events.**

The Company today announced that its Board of Directors has adopted a quarterly cash dividend payment schedule starting with the next cash dividend payment. Historically, dividends were paid semi-annually.

Additionally, the Board of Directors declared the Company's next regular quarterly cash dividend of $0.12 per share (or $0.48 annually), payable on March 31, 2023 to stockholders of record as of the close of business on March 13, 2023.

A copy of the Company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits**

(d)&nbsp;&nbsp;&nbsp;&nbsp;*Exhibits*

---

| | |
|:---|:---|
| Exhibit Number | Description |
| <u>[99.1](aaondividendmarch2023press.htm)</u> | Press release quarterly cash dividend |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
| | | **AAON, INC.** | **AAON, INC.** |
| Date: | March 1, 2023 | By: | /s/ Luke A. Bomer |
|  |  |  | Luke A. Bomer, Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**

![aaona01.jpg](aaona01.jpg)

**AAON Announces Quarterly Cash Dividend**

TULSA, OK, March 1, 2023 – AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), today announced that its Board of Directors has adopted a quarterly cash dividend payment schedule starting with the next cash dividend payment. Historically, dividends were paid semi-annually.

Additionally, the Board of Directors declared the Company's next regular quarterly cash dividend of $0.12 per share (or $0.48 annually), payable on March 31, 2023 to stockholders of record as of the close of business on March 13, 2023.

Gary D. Fields, AAON CEO and President, stated, "Transitioning our dividend policy from our long standing semi-annual dividend to a quarterly dividend provides us the opportunity to distribute capital to our shareholders more regularly. We believe this is a more customary practice and that it will better suit our shareholders."

**About AAON**

Founded in 1988, AAON is a world leader in HVAC solutions for commercial and industrial indoor environments. The Company's industry-leading approach to designing and manufacturing highly configurable equipment to meet exact needs creates a premier ownership experience with greater efficiency, performance and long-term value. AAON is headquartered in Tulsa, Oklahoma, where its world-class innovation center and testing lab allows AAON engineers to continuously push boundaries and advance the industry. For more information, please visit www.AAON.com.

**Forward-Looking Statements**

This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", "should", "will", and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligations to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause results to differ materially from those in the forward-looking statements include (1) the timing and extent of changes in raw material and component prices, (2) the effects of fluctuations in the commercial/industrial new construction market, (3) the timing and extent of changes in interest rates, as well as other competitive factors during the year, and (4) general economic, market or business conditions.

**Contact Information**

Joseph Mondillo

Director of Investor Relations

Phone (617) 877-6346

Email: <u>joseph.mondillo@aaon.com</u>

<br>