Form 4: ONEOK Executive Sheridan C. Swords Acquires One Share of Common Stock

Sheridan C. Swords, an Executive Vice President at ONEOK, acquired one share of common stock through the company's Employee Stock Award Program.

Summary

• On August 14, 2024, Sheridan C. Swords, an Executive Vice President at ONEOK Inc., acquired one share of common stock.
• The acquisition was made through the Issuer's Employee Stock Award Program.
• The price of the share was $86.34.
• Following the transaction, Swords directly owns 227,436.5038 shares of ONEOK common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction indicating alignment of executive interests with shareholders through stock ownership. There are no negative implications.

Positives

• The acquisition of stock through the Employee Stock Award Program aligns the executive's interests with those of the company and its shareholders.

Industry Context

Executive stock ownership is a common practice in publicly traded companies to align management's interests with those of shareholders. This transaction reflects ONEOK's ongoing commitment to incentivizing its executives through equity-based compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with shareholder value.

Key Dates