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, a Senior Vice President at ONEOK Inc., reported a transaction on May 16, 2024.
• He acquired one share of ONEOK's common stock at a price of $82.24 per share through the Employee Stock Award Program.
• Following this transaction, Schingen directly owns 56,809.293 shares of ONEOK common stock.
• He also indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock acquisition by an executive, which doesn't inherently indicate positive or negative sentiment.

Positives

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

Industry Context

Form 4 filings are routine and provide transparency into the trading activities of company insiders, which can be informative for investors.

Stakeholder Impact

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

Key Dates