Form 4: ONEOK Executive Sheridan C. Swords Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


ONEOK Inc. Executive Vice President Sheridan C. Swords reports the acquisition of one share of common stock through the company's Employee Stock Award Program.

Summary

  • Sheridan C. Swords, an Executive Vice President at ONEOK Inc., filed a Form 4 with the SEC.
  • The filing reports a transaction that occurred on October 11, 2024.
  • Swords acquired one share of ONEOK's common stock at a price of $96.61 per share.
  • This acquisition was made through ONEOK's Employee Stock Award Program.
  • Following the transaction, Swords directly owns 227,446.5038 shares of ONEOK common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to an employee stock award, indicating standard compensation practices.

Positives

  • The acquisition of stock 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

DateDescription
10/11/2024Date of the transaction where Sheridan C. Swords acquired one share of ONEOK common stock.
10/15/2024Date of signature on the Form 4 filing.

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