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

Scott D. Schingen, a Senior Vice President at ONEOK, acquired 2 shares of common stock through the company's Employee Stock Award Program.

Summary

• On August 29, 2024, Scott D. Schingen, a Senior Vice President at ONEOK Inc., acquired 2 shares of common stock.
• The acquisition was made through ONEOK's Employee Stock Award Program at a price of $90.15 per share.
• Following the transaction, Schingen directly owns 56,817.293 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 seen as a positive sign, but the quantity is insignificant.

Positives

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

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives at publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares.

Key Dates