Jones Donnie O. 4
Research Summary
AI-generated summary
OGE Energy SVP Donnie O. Jones Receives Award; Sells Shares
What Happened
Donnie O. Jones, Senior Vice President — Utility Operations at OGE Energy (OGE), had 10,404 performance-based shares settle on Feb 16, 2026 (award). To cover tax withholding, 4,589 shares were surrendered/disposed at $46.64 each, generating $214,031. The award settlement was a compensation event (not an open-market purchase).
Key Details
- Transaction dates: Feb 16, 2026 (reported on Form 4 filed Feb 18, 2026). Filing appears timely (within the standard reporting window).
- Award (Code A): 10,404 shares reported as acquired at $0.00 (settlement of performance units). (Footnote F1)
- Tax withholding/disposition (Code F): 4,589 shares disposed at $46.64 each = $214,031 (to satisfy tax liabilities). (Footnote F1 indicates settlement followed achievement of performance goals.)
- Shares owned after the transaction: Not specified on the provided data.
- Other footnotes: F2 references a Retirement Savings Plan statement (shares in a Common Stock Fund credited since prior exempt filing); F4 notes dividend reinvestment shares exempt under Rule 16a-11. F3: Not applicable.
- Nature of transaction: Award settlement + routine tax-withholding disposal (not an open-market sale by intent to reduce position).
Context
Settlement of performance units is a compensation payout when pre-set performance goals are met; the reported disposition was a tax withholding mechanism common in these settlements. Such transactions are routine executive compensation processing and do not, by themselves, indicate a personal bullish or bearish market view.