Form 4: ONEOK Executive Lyndon C. Taylor Acquires Single Share of Common Stock

Lyndon C. Taylor, Executive Vice President and Chief Legal Officer of ONEOK Inc., acquired one share of common stock through the company's Employee Stock Award Program.

Summary

• On September 23, 2024, Lyndon C. Taylor, an Executive Vice President and Chief Legal Officer at ONEOK Inc., acquired one share of the company's common stock.
• The acquisition was made through the Issuer's Employee Stock Award Program.
• The price of the share was $95.27.
• Following the transaction, Mr. Taylor directly owns 18 shares of ONEOK Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and while executive stock ownership is generally viewed positively, the impact of a single share acquisition is minimal.

Positives

• The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

Executive stock ownership is a common practice in publicly traded companies and is often used to align the interests of management with those of shareholders.

Comparison to Industry Standards

• Executive compensation packages often include stock awards to incentivize performance and long-term value creation.
• Comparing Mr. Taylor's stock ownership to that of executives at peer companies like Kinder Morgan (KMI) or Williams Companies (WMB) would provide a better understanding of his stake relative to industry norms.

Stakeholder Impact

• The impact on stakeholders is minimal, as the transaction involves a single share.

Key Dates