Form 4: OGE Energy Corp. Executive Stafford Reports Stock Transactions
SEC Form 4 Filing
Sarah R. Stafford, Controller and CAO of OGE Energy Corp., reports acquisition and disposal of company stock, including settlement of performance units and tax withholding.
Summary
- On February 18, 2025, Sarah R. Stafford acquired 7,215 shares of OGE Energy Corp. common stock at $0.00 per share due to the settlement of performance units.
- On the same day, she acquired 2,581 shares at $0.00 per share related to long-term incentives granted in 2025 but not yet earned.
- On February 19, 2025, she disposed of 3,205 shares at $43.82 per share for tax withholding.
- As of February 19, 2025, Stafford directly owns 28,286 shares and indirectly owns 6,448.497 shares through a Retirement Savings Plan.
- The reported transactions also include shares acquired through reinvestment of dividends that were exempt from reporting.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Positives
- The acquisition of shares through performance units suggests the achievement of company performance goals.
Negatives
- The disposal of shares for tax withholding reduces Stafford's direct holdings in the company.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock.
Comparison to Industry Standards
- Executive compensation packages often include performance-based equity awards, which are common across the energy sector and other industries.
- Tax withholding upon vesting of equity awards is a standard practice.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related disposals.
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. |
| 2025-02-17 | Date of Retirement Savings Plan Statement. |
| 2025-02-18 | Date of common stock acquisition due to settlement of performance units and long term incentives. |
| 2025-02-19 | Date of common stock disposal for tax withholding. |
| 2025-02-20 | Date of signature for the report. |
Keywords
OGE Energy Corp, Sarah R. Stafford, Form 4, Stock Transactions, Beneficial Ownership, Performance Units, Long Term Incentives, Retirement Savings Plan
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