Form 4: ONEOK Inc. Executive Scott D. Schingen Reports Acquisition of Common Stock

ONEOK Inc. executive Scott D. Schingen reports the acquisition of one share of common stock through the company's Employee Stock Award Program.

Summary

• Scott D. Schingen, a Senior Vice President at ONEOK Inc., reported a transaction involving the company's common stock.
• On October 11, 2024, Schingen acquired one share of common stock at a price of $96.61.
• This acquisition was made through ONEOK's Employee Stock Award Program.
• Following the transaction, Schingen directly owns 56,823.293 shares of ONEOK common stock and indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an insider transaction related to an employee stock award.

Positives

• The acquisition of stock through the Employee Stock Award Program suggests a positive alignment of employee and shareholder interests.

Industry Context

This is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares.
• It provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates