Form 4: ONEOK Inc. Executive Scott D. Schingen Reports Acquisition of Common Stock
SEC Form 4 Filing
Scott D. Schingen, a Senior Vice President at ONEOK Inc., reports acquiring one share of common stock through the company's Employee Stock Award Program.
Summary
- On October 14, 2024, Scott D. Schingen, a Senior Vice President 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 $97.5 per share.
- Following the transaction, Schingen directly owns 56,824.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction related to an employee stock award.
Positives
- The acquisition of stock through the Employee Stock Award Program indicates confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives at publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a single share acquisition.
Key Dates
| Date | Description |
|---|---|
| 10/14/2024 | Date of transaction: Scott D. Schingen acquired one share of ONEOK common stock. |
| 10/16/2024 | Date of signature: Form 4 signed by Pat Cipolla, Attorney-in-Fact for Scott D. Schingen. |
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