Form 4: ONEOK CFO Walter Hulse Reports Share Acquisition
SEC Form 4 Filing
Walter Hulse, CFO of ONEOK Inc., reports the acquisition of one share of common stock through the company's Employee Stock Award Program.
Summary
- Walter S. Hulse III, CFO of ONEOK Inc., filed a Form 4 to report a change in beneficial ownership.
- The transaction involved the acquisition of 1 share of ONEOK's common stock on July 16, 2024, at a price of $85.06.
- This share was acquired through the company's Employee Stock Award Program.
- Following the transaction, Hulse directly owns 154,541.0571 shares of ONEOK common stock and indirectly owns 25,000 shares through the Hulse 2006 Rev Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reflects routine transactions and does not contain information that would significantly impact investor sentiment positively or negatively.
Positives
- The acquisition of shares through the Employee Stock Award Program could be seen as a positive sign of alignment between management and shareholder interests.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing indicates a small acquisition of shares by the CFO, which is not uncommon.
Stakeholder Impact
- The acquisition of shares by the CFO may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of transaction: Acquisition of 1 share of common stock. |
| 07/18/2024 | Date of signature on the Form 4 filing. |
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