Form 4: ONEOK Executive Walter S. Hulse III Reports Share Acquisition
SEC Form 4 Filing
Walter S. Hulse III, a key executive at ONEOK Inc, reports acquiring one share of common stock through the company's Employee Stock Award Program.
Summary
- Walter S. Hulse III, Chief Financial Officer, Treasurer, and Executive Vice President at ONEOK Inc, reported a transaction on March 19, 2024.
- He acquired one share of ONEOK's common stock at a price of $78.39.
- This acquisition was made through the company's Employee Stock Award Program.
- Following the transaction, Hulse directly owns 154,534.0571 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 executive stock ownership is generally viewed positively, the impact of a single share acquisition is minimal.
Positives
- The acquisition of shares by a key executive can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Executive stock ownership is a common practice in publicly traded companies and is often viewed as aligning management's interests with those of shareholders.
Stakeholder Impact
- The transaction has a negligible impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of the stock acquisition transaction. |
| 03/21/2024 | Date of signature on the Form 4 filing. |
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