Form 4: ONEOK Executive Sheridan C. Swords Acquires Share Through Employee Stock Award Program
SEC Form 4 Filing
ONEOK Inc. Executive Vice President Sheridan C. Swords acquired one share of common stock through the company's Employee Stock Award Program on July 12, 2024.
Summary
- On July 12, 2024, Sheridan C. Swords, an Executive Vice President at ONEOK Inc., acquired one share of the company's common stock.
- The acquisition was made through the Employee Stock Award Program.
- The price of the share was $84.66.
- Following the transaction, Swords directly owns 227,434.5038 shares of ONEOK common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction related to executive compensation. It doesn't indicate any significant positive or negative outlook for the company.
Positives
- The acquisition of shares through the Employee Stock Award Program could indicate confidence in the company's future performance.
Industry Context
Executive stock ownership is a common practice in publicly traded companies and is often seen as a way to align management's interests with those of shareholders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a single share acquisition by an executive.
Key Dates
| Date | Description |
|---|---|
| 07/12/2024 | Date of the transaction where Sheridan C. Swords acquired one share of ONEOK common stock. |
| 07/16/2024 | Date of signature on the Form 4 filing. |
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