Form 4: ONEOK Executive Mary M. Spears Reports Acquisition of Common Stock

Mary M. Spears, a Senior Vice President at ONEOK Inc., reported acquiring one share of common stock through the company's Employee Stock Award Program.

Summary

• On March 19, 2024, Mary M. Spears, Senior Vice President and Chief Accounting Officer, Finance and Tax at ONEOK Inc., acquired one share of common stock.
• The acquisition was made through the Issuer's Employee Stock Award Program at a price of $78.39 per share.
• Following the transaction, Spears directly owns 23,655 shares of ONEOK common stock.
• Spears also indirectly owns 7,558.963 shares through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by an executive is generally viewed as a positive sign, but the quantity is insignificant.

Positives

• The acquisition of stock through the Employee Stock Award Program suggests a continued investment in the company by its executives.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's confidence in the company's future performance.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a single share acquisition.

Key Dates