Form 4: OGE Energy Corp. Executive Christine Woodworth Reports Stock Transactions
SEC Form 4
Christine Woodworth, VP of Marketing & Communications at OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and long-term incentives.
Summary
- Christine Woodworth, a VP at OGE Energy Corp., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On February 18, 2025, she acquired 4,302 shares of common stock at $0.00 due to the settlement of performance units related to performance goals achieved for the three-year period ending December 31, 2024.
- She also acquired 1,842 shares of common stock at $0.00 related to long-term incentives granted in 2025 but not yet earned.
- On February 19, 2025, she disposed of 1,984 shares of common stock at a price of $43.82.
- Following these transactions, Woodworth beneficially owns 9,649 shares of common stock.
- She also owns stock equivalent units representing 83.433 shares of common stock.
- The report also includes shares acquired through reinvestment of dividends.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Positives
- The settlement of performance units indicates that performance goals were achieved for the three-year period ending December 31, 2024.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies and their executives, ensuring compliance with SEC regulations.
- The transactions reported are typical for executives who receive stock-based compensation and periodically adjust their holdings.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into executive compensation and ownership trends.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Date of Power of Attorney execution. |
| 2024-12-31 | End date of the three-year performance period for performance units. |
| 2025-02-18 | Acquisition of 4,302 shares due to settlement of performance units and acquisition of 1,842 shares related to long-term incentives. |
| 2025-02-19 | Disposal of 1,984 shares at $43.82. |
| 2025-02-20 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, OGE Energy Corp, Woodworth, Equity Securities
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