Form 4: ONEOK Executive Kevin L. Burdick Reports Acquisition of Common Stock
SEC Form 4 Filing
Executive Vice President and Chief Enterprise Services Officer of ONEOK Inc., Kevin L. Burdick, reports the acquisition of one share of common stock through the company's Employee Stock Award Program.
Summary
- On August 14, 2024, Kevin L. Burdick, an Executive Vice President and Chief Enterprise Services Officer at ONEOK Inc., acquired one share of common stock.
- The acquisition was made through the Issuer's Employee Stock Award Program.
- The price of the acquired share was $86.34.
- Following the transaction, Burdick directly owns 157,764.1286 shares of ONEOK Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of stock by an executive is generally viewed as a slightly positive sign, but the quantity is insignificant.
Positives
- The acquisition of stock through the Employee Stock Award Program could be seen as a positive sign of alignment between the executive's interests and the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This particular filing indicates a small acquisition of stock by an executive, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a single share acquisition.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of transaction: Kevin L. Burdick acquired one share of ONEOK Inc. common stock. |
| 08/16/2024 | Date of report: Form 4 filing date. |
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