Form 4: ONEOK Inc. Executive Acquires Additional Shares Through Employee Stock Award Program

Sentiment:

SEC Form 4 Filing


Scott D. Schingen, a Senior Vice President at ONEOK Inc., acquired 2 shares of common stock through the company's Employee Stock Award Program.

Summary

  • On August 30, 2024, Scott D. Schingen, a Senior Vice President at ONEOK Inc., acquired 2 shares of ONEOK's common stock.
  • The acquisition was made through the Issuer's Employee Stock Award Program at a price of $92.36 per share.
  • Following the transaction, Schingen directly owns 56,819.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects an executive's continued investment in the company through an employee stock award program.

Positives

  • The acquisition of shares through the Employee Stock Award Program demonstrates Schingen's continued investment in ONEOK's success.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity, which is common for executives at publicly traded companies. It provides transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through an existing employee program.

Key Dates

DateDescription
08/30/2024Date of the stock acquisition.
09/04/2024Date of signature on the Form 4 filing.

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