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 July 16, 2024, Pierce Norton, a director and officer (President and CEO) 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 $85.06.
- Following the transaction, Norton directly owns 90,387.4265 shares of ONEOK Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The director's acquisition of shares could be seen as slightly positive, indicating confidence, 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
This type of transaction is common for executives and directors as part of their compensation packages and alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of transaction: Pierce Norton acquired one share of ONEOK common stock. |
| 07/18/2024 | Date of signature on the SEC Form 4 filing. |
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