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

Mary M. Spears, Senior Vice President and Chief Accounting Officer at ONEOK Inc., reports acquiring one share of common stock through the company's Employee Stock Award Program.

Summary

• On May 16, 2024, Mary M. Spears, a Senior Vice President and Chief Accounting Officer at ONEOK Inc., acquired one share of ONEOK's common stock.
• The acquisition was made through the Issuer's Employee Stock Award Program at a price of $82.24 per share.
• Following the transaction, Spears directly owns 23,659 shares of ONEOK common stock.
• Spears also indirectly owns 7,558.963 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The sentiment is neither particularly positive nor negative.

Positives

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

Industry Context

This is a routine disclosure of insider trading activity. It is common for executives to receive stock awards as part of their compensation packages.

Comparison to Industry Standards

• Executive stock ownership is a common practice across the energy industry.
• Comparing Spears' holdings to those of executives at similar companies like Kinder Morgan or Williams Companies would provide a benchmark for assessing the significance of her ownership.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency regarding executive stock ownership.

Key Dates