Form 4: ONEOK Executive Sheridan C. Swords Gifts 2,150 Shares of Common Stock to Charity

ONEOK Executive Vice President Sheridan C. Swords gifted 2,150 shares of company stock to various charitable organizations.

Summary

• Sheridan C. Swords, an Executive Vice President at ONEOK Inc., gifted 2,150 shares of ONEOK common stock to various charitable organizations.
• The transaction occurred on December 27, 2024.
• The shares were directly held by Mr. Swords and were valued at $101.25 per share.
• Following the transaction, Mr. Swords no longer has a reportable interest in these 2,150 shares.
• The filing was made on December 31, 2024.

Sentiment

Score: 7

Explanation: The document reflects a positive action by an executive, but it is not a significant event for the company's overall performance.

Positives

• The gift of shares to charity is a positive philanthropic action by the executive.

Management Comments

• The reporting person gifted 2,150 shares of directly held Issuer's common stock to various charitable organizations.
• The reporting person no longer has reportable interest in these shares.

Industry Context

This is a routine filing related to insider transactions and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The gifting of shares to charity is not uncommon among executives.

Stakeholder Impact

• The transaction has a minor positive impact on the charitable organizations receiving the shares.

Key Dates

Keywords

ONEOK, insider trading, share gifting, charitable donation, executive compensation, Form 4, Sheridan C. Swords