Form 4: ONEOK Executive Scott D. Schingen Reports Stock Acquisition
SEC Form 4
ONEOK Inc. executive Scott D. Schingen reports the acquisition of one share of common stock through the company's Employee Stock Award Program.
Summary
- On April 25, 2024, Scott D. Schingen, a Senior Vice President at ONEOK Inc., acquired one share of common stock.
- The acquisition was made through the Issuer's Employee Stock Award Program at a price of $81.38 per share.
- Following the transaction, Schingen directly owns 56,808.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reports a routine stock acquisition by an executive.
Positives
- The acquisition of stock through the Employee Stock Award Program indicates confidence in the company's future.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a single share acquisition.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of stock acquisition |
| 04/29/2024 | Date of signature on the report |
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