Form 4: ONEOK Inc. Executive Acquires Additional Share Through Employee Stock Award Program
SEC Form 4 Filing
Mary M. Spears, Senior Vice President and Chief Accounting Officer at ONEOK Inc., acquired one share of common stock through the company's Employee Stock Award Program.
Summary
- On May 21, 2024, Mary M. Spears, a Senior Vice President and Chief Accounting Officer at ONEOK Inc., acquired one share of the company's common stock.
- The acquisition was made through the Issuer's Employee Stock Award Program at a price of $83.01 per share.
- Following the transaction, Spears directly owns 23,660 shares of ONEOK Inc. common stock.
- Spears also indirectly owns 7,558.963 shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by an executive is generally viewed positively, but the impact of a single share is negligible.
Positives
- The acquisition of shares through the Employee Stock Award Program indicates a potential alignment of the executive's interests with those of the company and its shareholders.
Industry Context
Executive stock ownership is a common practice in publicly traded companies to incentivize management and align their interests with shareholders. This transaction is a routine disclosure related to such practices.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a single share acquisition.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of transaction: Mary M. Spears acquired one share of ONEOK Inc. common stock. |
| 05/23/2024 | Date of signature: Pat W. Cipolla, Attorney-in-Fact for Mary M. Spears, signed the Form 4. |
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