Lentz Randy N 4

4 · ONEOK INC /NEW/ · Filed Feb 20, 2026

AI-generated summary of this filing

Updated Feb 20, 2026

ONEOK (OKE) EVP/COO Randy Lentz Receives Restricted Stock Award

What Happened

Randy N. Lentz, Executive Vice President and Chief Operating Officer of ONEOK, was granted 14,115 restricted stock units (derivative securities) on February 18, 2026. The award has no per-share cash price (N/A) because it is a compensation grant rather than a purchase or sale.
The restricted units vest on February 18, 2029 and will be settled one-for-one in common shares when they vest. Dividend equivalents will accrue during the three-year vesting period and will be paid in shares at vesting.

Key Details

Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely filing).
Shares/units granted: 14,115 restricted units (derivative award; no cash price reported).
Vesting: 3-year vesting; vests on 2029-02-18.
Dividend equivalents: Credited during vesting and paid in additional restricted units/shares at vesting.
Award size: Represents 50% of the reporting person’s annual Equity Incentive Plan award for Feb 2026.
Post-transaction shares owned: Not specified in the provided filing details.
Remarks: Reporting person is EVP & COO.

Context

This was a compensation grant (award), not an open‑market purchase or sale, so it reflects company pay practices rather than an immediate insider market view. The units are derivative awards that convert to shares at vesting and include dividend-equivalent reinvestment.

Form 4

Period: 2026-02-18

See Remarks

Transactions

Award
RSU 2026
[F1]
2026-02-18+14,115→ 14,115 total
→ Common Stock, par value $0.01 (14,115 underlying)

Footnotes (1)

[F1]Restricted units awarded under Issuer's Equity Incentive Plan. The award vests on February 18, 2029. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and are issued. The award and credited dividend equivalents will be payable in one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents. This award represents 50% of the annual Equity Incentive Plan award granted to the reporting person in Febuary 2026.

Signature

/s/ Sarah M. Rechter, Attorney-in-Fact for Randy N. Lentz|2026-02-20

1 file