SULTEMEIER WILLIAM H 4

What Happened William H. Sultemeier, General Counsel, Corporate Secretary and Chief Compliance Officer of OGE Energy Corp. (OGE), was granted a total of 16,969 shares (two awards: 10,996 and 5,973) on Feb 16, 2026. On the same date, 4,850 shares were surrendered/withheld at $46.64 per share to satisfy a tax liability, a disposition valued at about $226,204. Net new shares from these transactions equal 12,119 (16,969 granted minus 4,850 withheld). The grants include settled performance units and long‑term incentive awards; the withholding appears to be routine tax withholding rather than an open‑market sale.

Key Details

• Transaction date: 2026-02-16 (Form 4 filed 2026-02-18).
• Grants: 10,996 shares (F1 — settlement of performance units for 3-year period ending 12/31/2025) and 5,973 shares (F2 — long‑term incentives granted in 2026 but not yet earned). Both recorded as acquisitions at $0.00.
• Withholding/disposition: 4,850 shares disposed under code F (payment of tax liability) at $46.64/share, total ≈ $226,204.
• Net increase in holdings from these entries: +12,119 shares.
• Filing timeliness: Filing appears timely (filed two days after the transaction).
• Shares owned after the transaction: not specified in the excerpt provided.
• Footnote: filing notes some shares include dividend reinvestment amounts exempt from reporting under Rule 16a‑11 (F4).

Context The disposition labeled F reflects shares withheld to cover taxes (a common, administrative action) rather than an open‑market sale — not necessarily a bearish signal. The larger item is the awards: one set represents settled performance units (earned for meeting targets), while the other are long‑term incentive grants that may be subject to future vesting/earnout conditions. For retail investors, granted awards increase insider exposure but don’t by themselves indicate intent to buy or sell stock.