Form 4: OGE Energy Director Acquires Stock Equivalent Units

OGE Energy Corp. Director David E. Rainbolt acquired 3,947.0629 stock equivalent units under the company's deferred compensation plan.

Summary

• David E. Rainbolt, a Director of OGE Energy Corp. (OGE), acquired 3,947.0629 derivative securities in the form of Stock Equivalent Units.
• The transaction occurred on December 9, 2025, with each unit valued at $43.07.
• These Stock Equivalent Units convert to common stock on a one-for-one basis but are to be settled 100% in cash at a specified future date or upon termination of service.
• The units were accrued under OGE Energy Corp.'s Deferred Compensation Plan.
• Following this transaction, David E. Rainbolt beneficially owns a total of 42,540.6529 Stock Equivalent Units.
• The total beneficial ownership includes shares acquired through the reinvestment of dividends, which are exempt from reporting under Rule 16a-11.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it indicates a director's continued accumulation of company equity, aligning their interests with shareholders. However, it's part of a deferred compensation plan rather than an open market purchase, which slightly tempers the positive signal.

Positives

• An increase in beneficial ownership by a director, even through a deferred compensation plan, can signal continued alignment of management interests with shareholder value.

Future Outlook

This filing is a disclosure of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction disclosure for a director of a publicly traded utility company. Such transactions are common as part of executive compensation and deferred compensation plans within the industry.

Related Party Transactions

• The acquisition of Stock Equivalent Units occurred under OGE Energy Corp.'s Deferred Compensation Plan, which is a standard compensation arrangement between the company and its director.

Stakeholder Impact

• Shareholders may view the director's increased beneficial ownership as a positive sign of confidence in the company's long-term prospects and alignment of interests.

Key Dates

Keywords

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