PARKER DAVID A 4
Research Summary
AI-generated summary
OGE Energy CIO David Parker Receives Awards; 2,012 Shares Sold
What Happened
- David A. Parker, Chief Information Officer – OG&E (affiliate of OGE Energy Corp.), received two equity awards on Feb 16, 2026 totaling 7,471 shares (4,545 shares + 2,926 shares, granted at $0.00). On the same date 2,012 shares were disposed at $46.64/share to satisfy tax withholding, generating $93,840. These were awards/settlement and a tax-withholding sale (routine), not an open-market directional trade.
Key Details
- Transaction date: Feb 16, 2026; Form 4 filed Feb 18, 2026 (timely filing).
- Grants (code A): 4,545 shares and 2,926 shares granted at $0.00.
- Disposal for tax withholding (code F): 2,012 shares sold at $46.64 for $93,840.
- Shares owned after transaction: Not specified in the filing.
- Relevant footnotes:
- F1: 4,545 shares appear to be settlement of performance units after achievement of 3-year goals through 12/31/2025.
- F2: 2,926 shares are long-term incentives granted in 2026 but not yet earned.
- F3/F5: Other notes reference Retirement Savings Plan statement and dividend reinvestment; F4 is not applicable.
- No indication of a 10b5-1 plan; disposal was a standard tax-withholding event.
Context
- The awards are non‑cash compensation (acquisitions/settlements) and are generally routine; the sale was solely to cover withholding taxes, which is a common administrative transaction and not necessarily a bearish signal.
- No option exercise-for-sale (cashless exercise) or gift was reported.