SPEARS MARY M 4

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.