Form 4: ONEOK Executive Pierce Norton Acquires Additional Share Through Employee Stock Award Program
SEC Form 4 Filing
ONEOK's Director and Officer, Pierce Norton, reports the acquisition of one share of common stock through the company's Employee Stock Award Program.
Summary
- Pierce Norton, a Director and Officer at ONEOK Inc, acquired one share of common stock on August 14, 2024.
- The acquisition was made through the company's Employee Stock Award Program.
- The price of the share was $86.34.
- Following the transaction, Norton directly owns 90,388.4265 shares of ONEOK common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction related to an employee stock award program. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing indicates participation in an employee stock award program, which is a common practice among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a single share acquisition by an executive.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of transaction: Pierce Norton acquired one share of ONEOK common stock. |
| 08/16/2024 | Date of report signature. |
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