WALWORTH CHARLES B 4
4 · OGE ENERGY CORP. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
OGE Energy CFO Charles Walworth Receives Award, Sells 2,011 Shares
What Happened
Charles B. Walworth, Chief Financial Officer of OGE Energy Corp. (OGE), had performance- and long-term incentive awards settle on Feb 16, 2026, resulting in two award acquisitions totaling 13,018 shares (4,560 and 8,458) at $0.00 per share. On the same date, 2,011 shares were disposed at $46.64 per share to satisfy a tax withholding obligation, generating proceeds of $93,793. The awards include performance units that vested after achievement of 3-year performance goals (footnote F1) and long-term incentives granted in 2026 that are not yet earned (footnote F2).
Key Details
- Transaction date: February 16, 2026; Form 4 filed February 18, 2026 (timely reporting).
- Acquisitions: 4,560 shares (award) and 8,458 shares (long-term incentive) at $0.00 = 13,018 shares total.
- Disposal (tax withholding): 2,011 shares sold at $46.64 = $93,793. (Reported as code F: payment of tax liability.)
- Shares owned after transaction: Not disclosed in this filing.
- Relevant footnotes: F1 = settlement of performance units after achievement of performance goals through 12/31/2025; F2 = long-term incentives granted in 2026 not yet earned; F3/F5 relate to Retirement Savings Plan and dividend reinvestment disclosures included in the filing.
- No indication of a 10% owner or a 10b5-1 plan; disposal appears to be routine tax withholding rather than an open-market investment decision.
Context
This filing reflects the settlement of compensation awards (an acquisition) and a routine share sale to cover tax withholding obligations. Such withholding sales are common when restricted shares or performance awards vest and do not necessarily signal the insider's view on the company’s prospects.
Insider Transaction Report
- Award
Common Stock-$.01 par value per share
[F1]2026-02-16+4,560→ 45,127 total - Tax Payment
Common Stock-$.01 par value per share
2026-02-16$46.64/sh−2,011$93,793→ 43,116 total - Award
Common Stock-$.01 par value per share
[F2]2026-02-16+8,458→ 51,574 total
- 3,078.91(indirect: Retirement Savings)
Common Stock-$.01 par value per share
[F3] - 5,068.565
Stock Equiv Units
[F4][F5]→ Com Stk
Footnotes (5)
- [F1]Settlement of performance units upon determination by compensation committee that specified performance goals have been achieved for the three-year period ending December 31, 2025.
- [F2]Long term incentives granted in 2026 but not yet earned.
- [F3]The information herein is based on a Retirement Savings Plan Statement dated February 17, 2026. The Retirement Savings Plan Statement indicated the number of shares in the Common Stock Fund of the Retirement Savings Plan credited to the participant's account at February 17, 2026 and includes shares credited since reporting person's last table 1 filing that was exempt from reporting pursuant to Rule 16A-3(f)(1)(i)(B).
- [F4]Not Applicable
- [F5]The total includes shares acquired through the reinvestment of dividends that were exempt from reporting pursuant to Rule 16a-11.