Form 4: ONEOK Executive Pierce Norton Acquires Additional Shares Through Employee Stock Award Program
SEC Form 4 Filing
ONEOK Inc. Director and Officer Pierce Norton acquired 2 shares of common stock through the company's Employee Stock Award Program on August 29, 2024.
Summary
- On August 29, 2024, Pierce Norton, a Director and Officer of ONEOK Inc., acquired 2 shares of the company's common stock.
- The acquisition was made through the ONEOK Employee Stock Award Program.
- The price per share was $90.15.
- Following the transaction, Norton directly owns 90,392.4265 shares of ONEOK common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. There's no indication of significant positive or negative implications.
Positives
- The acquisition of shares by a company director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. This transaction is a standard part of executive compensation and alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It reflects ongoing executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of transaction: Pierce Norton acquired 2 shares of ONEOK common stock. |
| 08/30/2024 | Date of report: Form 4 filing date. |
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