Hutchinson Michael G 4
Research Summary
AI-generated summary
ONE Gas Director Michael Hutchinson Receives 1,700 Share Award
What Happened
- Michael G. Hutchinson, a director of ONE Gas, received a grant/award of 1,700 shares on 2026-05-21 at an attribution price of $82.35 per share, for a total value of $139,995. The filing (Form 4) lists this as an acquisition by award rather than an open-market purchase.
Key Details
- Transaction date and price: 2026-05-21; 1,700 shares at $82.35 each (total $139,995).
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
- Footnote: F1 indicates these shares are the annual stock retainer issued under the issuer's Equity Compensation Plan.
- Filing timeliness: Form 4 was filed on 2026-05-26. Since Section 16 insiders generally must file within 2 business days of the transaction, this appears to be a delayed filing (monitor for any explanatory amendment).
Context
- This was an equity award (code A) — routine compensation for a director — not an open-market purchase or sale. Such grants align insiders with shareholder interests but are common and do not by themselves signal a change in insider sentiment. No immediate sale or option exercise was reported in this transaction.