ONEOK (OKE) officer converts RSUs and withholds shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ONEOK officer Lyndon C. Taylor reported equity award activity tied to restricted stock units. On February 22, 2026, he exercised 8,538.5947 RSU 2023 units, receiving the same number of shares of common stock at no cash exercise price.
To cover tax obligations, 3,812.5947 common shares were withheld and disposed of at $87.33 per share through a tax-withholding transaction. After these movements, Taylor directly owned 5,344.6090 shares of ONEOK common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,538.595 shares exercised/converted
Mixed
3 txns
Insider
Taylor Lyndon C
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSU 2023 | 8,538.595 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 | 8,538.595 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 | 3,812.595 | $87.33 | $333K |
Holdings After Transaction:
RSU 2023 — 0 shares (Direct);
Common Stock, par value $0.01 — 9,157.204 shares (Direct)
Footnotes (1)
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FAQ
What did ONEOK (OKE) officer Lyndon C. Taylor report in this Form 4?
Lyndon C. Taylor reported the vesting and conversion of RSU 2023 awards into common stock and a related tax-withholding share disposition. These transactions reflect routine equity compensation activity rather than an open-market purchase or sale of ONEOK (OKE) shares.
How many ONEOK (OKE) RSUs did Lyndon C. Taylor convert to common stock?
Taylor converted 8,538.5947 RSU 2023 units into the same number of ONEOK common shares. The RSUs vested after a three-year period during which they accrued dividend equivalents, which were also paid out in common stock upon vesting and issuance.
What does the RSU 2023 award represent for ONEOK (OKE)?
The RSU 2023 award represents restricted stock units granted under ONEOK’s Equity Incentive Plan. It vested on February 22, 2026, and included dividend equivalents paid in additional common shares, delivering one share of ONEOK (OKE) stock for each vested restricted unit.