Form 4: OGE Director Acquires Stock Equivalent Units

OGE Energy Corp. Director Frank A. Bozich acquired 3,889.0179 stock equivalent units through a deferred compensation plan, increasing his total beneficial ownership to 23,372.2549 units.

Summary

• Frank A. Bozich, a Director of OGE Energy Corp. (OGE), acquired 3,889.0179 derivative securities in the form of Stock Equivalent Units.
• The transaction occurred on December 9, 2025.
• These units were accrued under OGE Energy Corp.'s Deferred Compensation Plan.
• Each unit converts to common stock on a one-for-one basis but is to be settled 100% in cash at a specified future date or following termination of service.
• The acquisition price per unit was $43.07.
• Following this transaction, Mr. Bozich beneficially owns a total of 23,372.2549 Stock Equivalent Units.
• The total beneficial ownership includes shares acquired through dividend reinvestment, which are exempt from reporting under Rule 16a-11.

Sentiment

Score: 7

Explanation: The acquisition of stock equivalent units by a director, even if part of a deferred compensation plan, generally indicates continued alignment of interests with the company's performance. While not an open market purchase, it reflects a director's ongoing stake and commitment, which is mildly positive.

Positives

• A Director, Frank A. Bozich, increased his beneficial ownership in OGE Energy Corp. by acquiring 3,889.0179 stock equivalent units.
• The acquisition was part of a deferred compensation plan, indicating a structured approach to executive compensation and alignment of interests.

Negatives

• No specific negative information is disclosed in this Form 4 filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• This Form 4 filing does not contain direct quotes or paraphrased statements from company management.

Industry Context

Insider transactions, such as the acquisition of stock equivalent units by a director, are common in publicly traded companies. They often reflect a component of executive compensation designed to align management's interests with those of shareholders. While this specific transaction is part of a deferred compensation plan, it generally signals a director's continued stake in the company's performance.

Comparison to Industry Standards

• This Form 4 filing does not provide sufficient information to make a detailed comparison to global industry benchmarks or specific comparable companies, projects, and results. It is a standard disclosure of an insider transaction.

Stakeholder Impact

• Shareholders: The acquisition by a director, even through a deferred compensation plan, can be viewed as a positive signal of management's continued alignment with shareholder interests.
• Employees: This transaction is part of the executive compensation structure, which can influence overall employee morale and perception of leadership's commitment.

Next Steps

• This Form 4 filing does not mention any specific future actions, events, or milestones.

Key Dates

Keywords

OGE Energy Corp, OGE, Form 4, Insider Transaction, Stock Equivalent Units, Deferred Compensation, Director, Beneficial Ownership, Executive Compensation