Form 4: ONE Gas Executive Brian Brumfield Reports Stock Transactions Following Vesting of Restricted Units

Brian Brumfield, Vice President, Chief Accounting Officer and Controller of ONE Gas, Inc., reports transactions involving common stock and derivative securities related to the vesting of restricted units.

Summary

• On February 18, 2025, Brian Brumfield, an officer of ONE Gas, Inc., reported transactions related to the vesting of restricted units.
• These transactions included the acquisition of 1,902.343 shares of common stock at $71.53 per share and the disposal of 901.717 shares for tax purposes at the same price.
• Following these transactions, Brumfield directly owns 1,732.823 shares of common stock and indirectly owns 1,219 shares through a 401(k) plan.
• Additionally, Brumfield acquired 1,153 performance units and 1,153 restricted units, both vesting in 2028 and payable in common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to executive stock transactions, indicating a neutral sentiment.

Future Outlook

The performance units and restricted units awarded in 2025 will vest on February 19, 2028, with the performance units' vesting percentage dependent on the company's total shareholder return compared to a peer group.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of shares by a company executive.

Key Dates