ONEOK INC /NEW/|4Feb 24, 4:26 PM ET

BURDICK KEVIN L 4

4 · ONEOK INC /NEW/ · Filed Feb 24, 2026

AI-generated summary of this filing

Updated Feb 24, 2026

ONEOK EVP Kevin Burdick Receives Award; 2,537 Shares Withheld for Taxes

What Happened

Kevin L. Burdick, Executive Vice President and Chief Enterprise Services Officer of ONEOK (OKE), had 5,628.54 restricted units convert to common shares upon vesting on February 22, 2026. Of those shares, 2,537.54 were withheld to satisfy tax withholding at $87.33 per share, totaling $221,603. After withholding, Burdick received a net 3,091.00 shares.
This was a vesting/award transaction (not an open-market purchase or voluntary sale); the withholding to cover taxes is routine compensation-related activity.

Key Details

Transaction date: February 22, 2026. Filing date: February 24, 2026 (timely filing within the usual Form 4 window).
Vesting/conversion: 5,628.54 restricted units → 5,628.54 shares issued.
Tax withholding: 2,537.54 shares withheld at $87.33/share = $221,603.
Net shares received: 3,091.00 shares.
Shares owned after transaction: Not specified in the filing.
Footnote: Award comprised restricted units under the Issuer's Equity Incentive Plan; dividend equivalents were paid in additional shares and the award vested on 2/22/2026 (see F1).
Transaction codes: M = conversion/exercise of derivative (RSU conversion here); F = shares withheld to satisfy tax liability.

Context

This is compensation vesting (routine). Withholding shares for taxes is standard and does not by itself indicate a buy or sell signal about the executive’s market view. The filing indicates no open-market sale of vested shares beyond the withholding for taxes.

Form 4

Period: 2026-02-22

See Remarks

Transactions

Exercise/Conversion
Common Stock, par value $0.01
[F1]
2026-02-22+5,628.54→ 172,942.164 total
Tax Payment
Common Stock, par value $0.01
2026-02-22$87.33/sh−2,537.54$221,603→ 170,404.624 total
Exercise/Conversion
RSU 2023
[F1]
2026-02-22−5,628.54→ 0 total
→ Common Stock, par value $0.01 (5,628.54 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 Kevin L. Burdick|2026-02-24

1 file