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

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, a Senior Vice President at ONEOK Inc., reported a transaction involving the company's common stock on March 28, 2024.
• He acquired one share of common stock at a price of $80.17 through the Employee Stock Award Program.
• Following this transaction, Schingen directly owns 56,807.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transaction is a routine acquisition of a small number of shares through an employee program. It doesn't indicate any major positive or negative outlook.

Positives

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

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and management's confidence. This particular transaction is small and related to an employee stock award program.

Stakeholder Impact

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

Key Dates