Form 4: ONEOK Executive Scott D. Schingen Reports Stock 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, Senior Vice President at ONEOK Inc, reported a transaction on May 21, 2024.
• He acquired one share of ONEOK common stock at a price of $83.01 through the Employee Stock Award Program.
• Following the transaction, Schingen directly owns 56,810.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction related to an employee stock award program.

Positives

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

Industry Context

Insider transactions are routinely monitored as indicators of management's perspective on the company's valuation and prospects. This particular transaction is small and part of 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