Form 4: ONEOK Executive Scott D. Schingen Reports Share Acquisition

Sentiment:

SEC Form 4 Filing


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

Summary

  • On September 23, 2024, Scott D. Schingen, a Senior Vice President at ONEOK Inc., acquired one share of common stock.
  • The acquisition was made through the Issuer's Employee Stock Award Program at a price of $95.27 per share.
  • Following the transaction, Schingen directly owns 56,822.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

  • The acquisition of shares through the Employee Stock Award Program indicates confidence in the company's future.

Future Outlook

There are no specific forward-looking statements in this document.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This particular filing indicates an executive's participation in an employee stock award program, which is a common practice in publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it involves a single share acquisition.

Key Dates

DateDescription
09/23/2024Date of the transaction where Scott D. Schingen acquired one share of ONEOK common stock.
09/25/2024Date of signature on the Form 4 filing.

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