Form 4: ONEOK Director Pierce Norton Acquires Additional Share Through Employee Stock Award Program
SEC Form 4
Director Pierce Norton acquired one share of ONEOK Inc. common stock through the company's Employee Stock Award Program.
Summary
- On August 19, 2024, Pierce Norton, a director and officer (President and Chief Executive Officer) of ONEOK Inc., acquired one share of common stock.
- The acquisition was made through the Issuer's Employee Stock Award Program.
- The price of the share was $88.4.
- Following the transaction, Norton directly owns 90,390.4265 shares of ONEOK Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to an employee stock award program. The director's purchase is a slightly positive signal, but it's a small amount.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Insider transactions are common in publicly traded companies and are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and prospects.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a single share acquisition.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of transaction: Pierce Norton acquired one share of ONEOK common stock. |
| 08/21/2024 | Date of signature on the SEC Form 4 filing. |
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