Form 4: OGE Energy Corp. Executive Donnie O. Jones Reports Stock Transactions

OGE Energy Corp.'s VP of Utility Operations, Donnie O. Jones, reports acquisition and disposal of company stock, including settlement of performance units and tax withholding.

Summary

• Donnie O. Jones, VP of Utility Operations at OGE Energy Corp., filed a Form 4 detailing changes in beneficial ownership of OGE stock.
• On February 18, 2025, Mr. Jones acquired 15,004 shares of common stock upon settlement of performance units and 5,609 shares of common stock as long term incentives.
• Also on February 19, 2025, Mr. Jones disposed of 6,617 shares of common stock at a price of $43.82 per share for tax withholding.
• Following these transactions, Mr. Jones directly owns 49,674 shares of OGE common stock.
• Mr. Jones also indirectly owns 16,356.14 shares of common stock through the Retirement Savings Plan as of February 17, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and neither positive nor negative sentiment is applicable.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Comparison to Industry Standards

• Executive stock ownership and trading activity is a common practice across the energy sector.
• Companies like Duke Energy, Southern Company, and Exelon also have executives who regularly report stock transactions via Form 4 filings.
• The specifics of performance-based equity awards and tax-related disposals are typical components of executive compensation packages in comparable firms.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• The filing provides transparency regarding executive compensation and ownership, which can be of interest to shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, OGE Energy Corp, Donnie O. Jones, Equity, Securities