Form 4: ONEOK Executive Walter S. Hulse III Acquires Additional Share Through Employee Stock Award Program

Sentiment:

SEC Form 4 Filing


Walter S. Hulse III, Chief Financial Officer, Treasurer and Executive Vice President, Investor Relations and Corporate Development at ONEOK Inc., acquired one share of common stock through the company's Employee Stock Award Program.

Summary

  • On September 17, 2024, Walter S. Hulse III, a key executive at ONEOK Inc., acquired one share of the company's common stock.
  • The acquisition was made through ONEOK's Employee Stock Award Program.
  • The price of the share was $94.66.
  • Following the transaction, Hulse directly owns 154,550.0571 shares of ONEOK common stock.
  • He also indirectly owns 25,000 shares through the Hulse 2006 Rev Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, the quantity is insignificant.

Positives

  • The acquisition of shares by a key executive can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment of interests.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders, as it involves a single share acquisition by an executive.

Key Dates

DateDescription
09/17/2024Date of transaction: Walter S. Hulse III acquired one share of ONEOK common stock.
09/19/2024Date of signature on the Form 4 filing.

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