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

ONEOK's Senior Vice President, Scott D. Schingen, reports the acquisition of 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 on July 12, 2024.
• He acquired one share of ONEOK's common stock at a price of $84.66.
• This acquisition was made through the Issuer's Employee Stock Award Program.
• Following the transaction, Schingen directly owns 56,811.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports a routine transaction related to an employee stock award.

Positives

• The acquisition of shares through the Employee Stock Award Program indicates a potential alignment of the executive's interests with those of the company and its shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing indicates participation in an employee stock award program, which is a common practice among publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired through an employee program.

Key Dates