Form 4: ONE Gas Director Acquires Shares as Part of Annual Stock Retainer

ONE Gas, Inc. Director Sanjay D. Meshri acquired 1,905 shares of common stock at $73.49 per share as part of his annual stock retainer, increasing his direct beneficial ownership to 3,593 shares.

Summary

• Sanjay D. Meshri, a Director of ONE Gas, Inc. (OGS), acquired 1,905 shares of the company's common stock.
• The transaction occurred on May 22, 2025, with shares acquired at a price of $73.49 per share.
• The total value of this acquisition amounts to $139,949.45.
• These shares were issued as part of an annual stock retainer under the Issuer's Amended and Restated Equity Compensation Plan (2018).
• Following this transaction, Mr. Meshri directly beneficially owns 3,593 shares of ONE Gas, Inc. common stock.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, particularly as part of an annual stock retainer, is a routine event that aligns management interests with shareholders. It is not indicative of significant positive or negative operational performance but rather a standard compensation practice.

Positives

• Director Sanjay D. Meshri acquired 1,905 shares of ONE Gas, Inc. common stock, indicating continued alignment of interests with shareholders.
• The acquisition was part of an annual stock retainer, a common practice to compensate directors and align their incentives with long-term company performance.

Future Outlook

NA

Management Comments

• "Annual stock retainer shares are issued under the Issuer's Amended and Restated Equity Compensation Plan (2018)."

Industry Context

This Form 4 filing details a routine insider transaction specific to ONE Gas, Inc. and does not provide broader industry context or trends.

Related Party Transactions

• The acquisition of shares by Director Sanjay D. Meshri as part of an annual stock retainer under the company's Equity Compensation Plan constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director aligns their interests with those of the shareholders, potentially fostering better long-term decision-making.

Key Dates

Keywords

ONE Gas, OGS, Form 4, insider transaction, director stock acquisition, equity compensation, Sanjay D. Meshri