Form 4: ONEOK Executive Pierce Norton II Reports Stock Transactions Following Vesting of Equity Awards

Pierce Norton II, a director and officer of ONEOK Inc., reports the vesting of restricted stock units (RSUs) and performance stock units (PSUs) and subsequent transactions.

Summary

• On February 23, 2025, Pierce Norton II, a director and officer of ONEOK Inc., had restricted stock units (RSUs) and performance stock units (PSUs) vest under the company's Equity Incentive Plan.
• The vesting of the 2022 PSU Award resulted in 30,813.43 shares of common stock.
• The vesting of the 2022 RSU Award resulted in 17,365.39 shares of common stock.
• Following these transactions, Norton directly owns 117,700.858 shares of ONEOK common stock.
• A portion of the vested shares (13,589.43 and 7,675.39 shares respectively) were withheld to cover tax obligations at a price of $98.1 per share.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The transactions have a minor impact on the overall shareholding structure of the company.

Key Dates