Form 4: ONEOK Executive Pierce Norton Acquires Additional Share of Common Stock
SEC Form 4 Filing
ONEOK's President and CEO, Pierce Norton, acquired one share of common stock through the company's Employee Stock Award Program.
Summary
- On March 28, 2024, Pierce Norton, President and CEO of ONEOK Inc., acquired one share of common stock at a price of $80.17.
- This transaction was part of ONEOK's Employee Stock Award Program.
- Following this transaction, Norton directly owns 73,395.5045 shares of ONEOK common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. Executive stock purchases are generally viewed positively, but the impact of a single share is negligible.
Positives
- The acquisition of shares by a key executive can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Executive stock ownership is a common practice in publicly traded companies and is often viewed as aligning management's interests with those of shareholders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock acquisition |
| 04/02/2024 | Date of signature on the Form 4 filing |
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