Form 4: ONEOK Executive Scott D. Schingen Reports Share Acquisition
SEC Form 4 Filing
Scott D. Schingen, a Senior Vice President at ONEOK, reports the acquisition of one share of common stock through the company's Employee Stock Award Program.
Summary
- On July 16, 2024, Scott D. Schingen, a Senior Vice President at ONEOK Inc., acquired one share of common stock at a price of $85.06.
- This acquisition was made through ONEOK's Employee Stock Award Program.
- Following the transaction, Schingen directly owns 56,812.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction related to employee compensation.
Positives
- The acquisition of shares through the Employee Stock Award Program could indicate confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a single share acquisition by an executive.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of the transaction where Scott D. Schingen acquired one share of ONEOK common stock. |
| 07/18/2024 | Date of signature on the Form 4 filing. |
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