Form 4: ONEOK Executive Scott D. Schingen Reports Acquisition of Common Stock

ONEOK's Senior Vice President, Scott D. Schingen, reports acquiring one share of common stock through the company's Employee Stock Award Program.

Summary

• Scott D. Schingen, Senior Vice President at ONEOK Inc, reported a transaction involving the company's common stock on September 16, 2024.
• He acquired one share of common stock at a price of $93.68 through the Employee Stock Award Program.
• Following this transaction, Schingen directly owns 56,820.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently indicate positive or negative sentiment, but rather reports a transaction.

Positives

• The acquisition of stock through the Employee Stock Award Program suggests a continued investment and alignment of interests between the executive and the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a single share acquisition.
• However, insider transactions are often monitored by investors for signals about management's confidence in the company.

Key Dates