AGM/EGMMay 18, 2026, 11:07 AM
AAON Shareholders Approve Board Expansion to 11 Directors
AI Summary
At its Annual Meeting on May 12, 2026, AAON, Inc. stockholders approved an amendment to increase the maximum size of the Board of Directors from nine to eleven. Shareholders also elected three nominees to the Board, ratified Grant Thornton, LLP as the independent registered public accounting firm for fiscal year 2026, and approved, on an advisory basis, executive officer compensation and an annual frequency for future say-on-pay votes. Separately, the company declared a regular quarterly cash dividend of $0.10 per share, payable on June 26, 2026.
Key Highlights
- Shareholders approved increasing Board size from nine to eleven directors.
- Caron A. Lawhorn, Stephen O. LeClair, and David R. Stewart elected as directors.
- Grant Thornton, LLP ratified as independent auditor for fiscal year 2026.
- Advisory approval for named executive officer compensation received.
- Advisory approval for annual say-on-pay frequency received.
- Quarterly cash dividend of $0.10 per share declared.
- Dividend payable June 26, 2026, to stockholders of record June 5, 2026.
Price Impact
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