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

• On August 16, 2024, Scott D. Schingen, a Senior Vice President at ONEOK Inc., acquired one share of common stock.
• The acquisition was made through the Issuer's Employee Stock Award Program at a price of $87.46 per share.
• Following the transaction, Schingen directly owns 56,814.293 shares of ONEOK Inc. common stock and indirectly owns 1,200 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction with no significant impact on the company's outlook.

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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a small acquisition of stock by an executive, which is a common occurrence.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading activities.
• The acquisition of a single share is not material in the context of overall trading volumes and insider holdings, and is likely part of a pre-defined compensation plan.

Stakeholder Impact

• The impact on stakeholders is minimal, as the transaction involves a single share of common stock.

Key Dates