Form 4: ONE Gas Director Deborah Hersman Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Deborah Hersman reports acquisition of phantom stock convertible to ONE Gas common stock through deferred compensation plan.
Summary
- On May 23, 2024, Deborah Hersman, a director of ONE Gas, Inc. acquired phantom stock convertible to common stock.
- The acquisition was made through ONE Gas' Deferred Compensation Plan for Non-Employee Directors.
- Hersman acquired 2,055 shares of phantom stock at a price of $63.24.
- Following the transaction, Hersman beneficially owns 3,635 shares of phantom stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to director compensation, and does not contain information that would significantly impact investor sentiment.
Industry Context
Directors often receive stock or stock options as part of their compensation packages, aligning their interests with those of shareholders. Deferred compensation plans are a common way for directors to manage their tax liabilities and plan for retirement.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Deborah Hersman acquired phantom stock. |
| 05/28/2024 | Date of signature on the Form 4 filing. |
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