Form 4: OGE Energy Corp. Director Bozich Reports Stock Equivalent Unit Transaction
SEC Form 4 Filing
Director Frank A. Bozich reports a transaction involving Stock Equivalent Units of OGE Energy Corp., convertible to common stock, as part of a deferred compensation plan.
Summary
- On January 31, 2025, Frank A. Bozich, a director of OGE Energy Corp., engaged in a transaction involving Stock Equivalent Units.
- Bozich acquired Stock Equivalent Units convertible to 5,327.1604 shares of common stock.
- The price per share was $42.23.
- These units were accrued under the Deferred Compensation Plan of OGE Energy Corp. and are to be settled 100% in cash at a specified future date or following termination of service.
- Following the reported transaction, Bozich directly owns 18,993.1559 shares of common stock, which includes shares acquired through dividend reinvestment.
- The transaction was executed pursuant to an in-service account withdrawal established at initial enrollment in the plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a transaction. There is no inherent positive or negative sentiment.
Future Outlook
The Stock Equivalent Units will be settled 100% in cash at a specified future date or following termination of service, according to the Deferred Compensation Plan.
Industry Context
This filing reflects routine transactions by corporate insiders and is a standard part of regulatory compliance for individuals with significant holdings in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
- The transaction has minimal impact on employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction involving Stock Equivalent Units |
| 02/04/2025 | Date of signature on the Form 4 filing |
Keywords
OGE Energy Corp., Frank A. Bozich, Stock Equivalent Units, Deferred Compensation Plan, Director, Beneficial Ownership, Form 4, Transaction
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