ONEOK INC /NEW/·4

Feb 24, 4:26 PM ET

SPEARS MARY M 4

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

Research Summary

AI-generated summary of this filing

Updated

ONEOK (OKE) Chief Accounting Officer Mary Spears Receives RSUs

What Happened

  • Mary M. Spears, Chief Accounting Officer and Senior Vice President, Finance & Tax at ONEOK (OKE), had 2,285.974 restricted units vest on Feb 22, 2026. Those units converted into 2,285.974 shares of common stock.
  • To satisfy tax withholding, 1,073.974 shares were surrendered at $87.33 per share, generating $93,790. After withholding, Spears received a net 1,212.000 shares.

Key Details

  • Transaction date: 2026-02-22; Form 4 filed: 2026-02-24 (timely filing).
  • Transaction types on the Form 4: conversion of derivative/vesting of RSUs (code M) and tax withholding/share surrender (code F).
  • Withheld shares: 1,073.974 @ $87.33 = $93,790 reported value.
  • Net shares issued to insider: 1,212.000 (2,285.974 vested − 1,073.974 withheld).
  • Shares owned after transaction: not specified in the filing.
  • Footnote: Award consisted of restricted units under ONEOK’s Equity Incentive Plan; dividend equivalents were paid in additional restricted units and all vested units were convertible one-for-one into common stock.

Context

  • This was a vesting of RSUs (an award), not an open-market purchase or voluntary sale. Withholding shares to cover taxes is a routine administrative action and does not necessarily signal a buy or sell decision.
  • For retail investors, RSU vesting increases insider-held shares (net of withholding) and is a common form of compensation for executives.

Insider Transaction Report

Form 4
Period: 2026-02-22
SPEARS MARY M
See Remarks
Transactions
  • Exercise/Conversion

    Common Stock, par value $0.01

    [F1]
    2026-02-22+2,285.97429,426.6 total
  • Tax Payment

    Common Stock, par value $0.01

    2026-02-22$87.33/sh1,073.974$93,79028,352.626 total
  • Exercise/Conversion

    RSU 2023

    [F1]
    2026-02-222,285.9740 total
    Common Stock, par value $0.01 (2,285.974 underlying)
Holdings
  • Common Stock, par value $0.01

    (indirect: By 401(k))
    8,318.101
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 Mary M. Spears|2026-02-24

Documents

1 file
  • 4
    wk-form4_1771968404.xmlPrimary

    FORM 4