Form 4: ONEOK Director Pierce Norton Acquires Share Under 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 September 17, 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 $94.66.
- Following the transaction, Norton directly owns 90,396.4265 shares of ONEOK Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction (share acquisition through an employee program) and doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a company director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a single share acquisition by a company director.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of transaction: Pierce Norton acquired one share of ONEOK Inc. common stock. |
| 09/19/2024 | Date of signature on the Form 4 filing. |
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