Form 4: ONEOK Inc. Executive Mary M. Spears Reports Acquisition of Common Stock

Mary M. Spears, a Senior Vice President at ONEOK Inc., reported acquiring 2 shares of common stock through the company's Employee Stock Award Program.

Summary

• Mary M. Spears, Senior Vice President and Chief Accounting Officer at ONEOK Inc., filed a Form 4 to report changes in beneficial ownership of the company's stock.
• On August 30, 2024, Spears acquired 2 shares of ONEOK common stock at a price of $92.36 per share through the Employee Stock Award Program.
• Following the transaction, Spears directly owns 23,669 shares of ONEOK common stock.
• She also indirectly owns 7,558.963 shares through a 401(k) plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction indicating alignment between the executive and the company, but it's not a major event.

Positives

• The acquisition of shares through the Employee Stock Award Program suggests a continued investment and alignment of interests between the executive and the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard acquisition of shares through an employee program, which is common in the industry.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired by an executive.

Key Dates