Form 4: ONEOK Officer Mary Spears Reports Equity Vesting

ONEOK's Chief Accounting Officer, Mary M. Spears, reported the vesting of restricted stock units and related share transactions.

Summary

• Mary M. Spears, Chief Accounting Officer and Senior Vice President, Finance and Tax of ONEOK INC /NEW/ (OKE), reported transactions related to her beneficial ownership.
• On February 22, 2026, 2,285.9741 restricted stock units (RSU 2023) vested under the Issuer's Equity Incentive Plan.
• These vested units, along with credited dividend equivalents, were paid out in shares of common stock.
• Concurrently, 1,073.9741 shares of common stock were disposed of at a price of $87.33 per share to cover tax withholding obligations.
• Following these transactions, Mary M. Spears directly owns 28,352.626 shares of common stock and indirectly owns 8,318.101 shares through a 401(k) plan.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting the successful vesting of executive equity compensation, which aligns management's interests with shareholders. The tax-related sale is a standard, non-discretionary event.

Positives

• Vesting of 2,285.9741 restricted stock units, indicating successful achievement of equity compensation milestones.
• Increase in direct beneficial ownership of common stock after the vesting, prior to tax-related disposition.

Negatives

• Disposition of 1,073.9741 shares of common stock at $87.33 per share for tax withholding purposes, reducing the net shares received from the vesting event.

Industry Context

StockSavvy.ai notes that insider transaction reports like this Form 4 are routine disclosures for publicly traded companies, reflecting standard equity compensation practices within the energy infrastructure sector. The vesting of RSUs is a common mechanism to align executive incentives with long-term company performance.

Stakeholder Impact

• Shareholders: The vesting of RSUs for a key executive aligns management incentives with shareholder value creation.
• Employees: Reflects the company's ongoing use of equity incentive plans as part of its compensation strategy.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction involving the vesting of restricted stock units and a subsequent tax-related sale. Such transactions are generally pre-scheduled and do not typically indicate a change in the company's fundamental outlook or warrant a change in investment recommendation. The event is neutral to slightly positive as it represents the successful execution of an executive compensation plan.

Keywords

ONEOK, OKE, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Equity Incentive Plan, Beneficial Ownership, Mary M. Spears, Chief Accounting Officer