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

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

• Scott D. Schingen, a Senior Vice President at ONEOK Inc., filed a Form 4 detailing changes in beneficial ownership.
• On September 17, 2024, Schingen acquired one share of ONEOK common stock at a price of $94.66.
• This acquisition was made through the Issuer's Employee Stock Award Program.
• Following the transaction, Schingen directly owns 56,821.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by an executive is generally viewed as a positive sign, but the quantity is insignificant.

Positives

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading and provide investors with insights into the actions of company executives.

Stakeholder Impact

• The transaction provides shareholders with information about executive stock ownership.

Key Dates