Taylor Lyndon C 4
4 · ONEOK INC /NEW/ · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
ONEOK (OKE) EVP Lyndon Taylor Receives Award; Taxes Withheld
What Happened
- Lyndon C. Taylor, Executive Vice President and Chief Legal Officer of ONEOK (OKE), had restricted units vest on Feb 22, 2026 that converted into 8,538.595 shares of common stock. To satisfy tax withholding, 3,812.595 of those shares were withheld (disposed) at a per-share value of $87.33, generating $332,954 in tax withholdings. The net shares issued to Taylor were 4,726.000.
Key Details
- Transaction date: February 22, 2026; Form 4 filed February 24, 2026 (timely).
- Vesting/conversion: 8,538.595 shares issued upon vesting of restricted units (reported as derivative conversion, code M).
- Tax withholding: 3,812.595 shares withheld/disposed at $87.33 per share for total $332,954 (code F).
- Shares owned after transaction: Not stated in the filing.
- Footnote: Award consisted of restricted units under the issuer’s Equity Incentive Plan that vested on Feb 22, 2026; dividend equivalents were paid in shares and included in the issued amount.
Context
- This was not an open-market purchase or discretionary sale; it’s the conversion/vesting of RSUs with shares withheld to cover taxes (a common administrative transaction).
- For retail investors, such vesting events are routine and reflect compensation settlement, not necessarily a signal of insider buying or selling intent.
Insider Transaction Report
Form 4
Taylor Lyndon C
See Remarks
Transactions
- Exercise/Conversion
Common Stock, par value $0.01
[F1]2026-02-22+8,538.595→ 9,157.204 total - Tax Payment
Common Stock, par value $0.01
2026-02-22$87.33/sh−3,812.595$332,954→ 5,344.609 total - Exercise/Conversion
RSU 2023
[F1]2026-02-22−8,538.595→ 0 total→ Common Stock, par value $0.01 (8,538.595 underlying)
Footnotes (1)
- [F1]Restricted units awarded under the Issuer's Equity Incentive Plan. The award vested on February 22, 2026. During the 3-year vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the time the underlying units vested and were issued. The award and credited dividend equivalents was payable in one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.
Signature
/s/ Sarah M. Rechter, Attorney-in-Fact for Lyndon C. Taylor|2026-02-24