Hersman Deborah 4

What Happened

Deborah Hersman, a director of ONE Gas, received an award of 1,700 deferred shares on May 21, 2026. The filing reports a per-share reporting price of $82.35, for a total reported value of $139,995. The transaction is coded as an Award/Grant (A) and is recorded as a derivative acquisition because the shares are deferred compensation rather than an open-market purchase.

Key Details

• Transaction date: May 21, 2026; Filing date: May 26, 2026 (Form 4 accession 0001193125-26-239326).
• Price/value reported: $82.35 per share; total $139,995.
• Transaction type: A (Award/Grant) — deferred stock (derivative).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes from the filing:
  • F1: Deferred shares convert to ONE Gas common stock on a 1-for-1 basis.
  • F2: This award reflects an annual stock retainer elected to be deferred under ONE Gas’ Deferred Compensation Plan for Non‑Employee Directors.
  • F3: Deferred stock is accrued under the Plan and will be settled in ONE Gas common stock at the Plan’s distribution date.
• Timeliness: The Form 4 was filed five calendar days (three business days) after the transaction date, which appears to be later than the standard two-business-day filing window.

Context

This was a compensation-related award to a non-employee director (routine retainer deferral), not an open-market buy or sale. Deferred shares are not immediately tradable cash — they convert 1-for-1 to common stock at the Plan’s distribution date — so this transaction is primarily a record of compensation rather than a direct expression of buying or selling sentiment.