Taylor Lyndon C 4

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.