OGE Energy (OGE) legal chief sells 7,345 shares around $47.97
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OGE Energy Corp. reported that its General Counsel, Corporate Secretary and Chief Compliance Officer William H. Sultemeier executed an open-market sale of 7,345 shares of common stock. The weighted average sale price was $47.97 per share, with individual trade prices ranging from $47.96 to $47.99. Following this transaction, he directly holds 74,497 shares of OGE Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,345 shares ($352,340)
Net Sell
1 txn
Insider
SULTEMEIER WILLIAM H
Role
GC, Corp. Sec, CCO
Sold
7,345 shs ($352K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock-$.01 par value per share | 7,345 | $47.97 | $352K |
Holdings After Transaction:
Common Stock-$.01 par value per share — 74,497 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 7,345 shares
Weighted average sale price: $47.97 per share
Price range of trades: $47.96–$47.99 per share
+1 more
4 metrics
Shares sold
7,345 shares
Open-market sale on May 21, 2026
Weighted average sale price
$47.97 per share
Common stock sale
Price range of trades
$47.96–$47.99 per share
Multiple transactions aggregated
Shares held after transaction
74,497 shares
Direct ownership following sale
Key Terms
open-market sale, weighted average price, Common Stock-$.01 par value per share
3 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did OGE (OGE) report in this Form 4?
OGE Energy reported that executive William H. Sultemeier completed an open-market sale of 7,345 shares of common stock. This transaction reflects a routine disposal of shares at market prices within a narrow trading range.
What role does the reporting person hold at OGE (OGE)?
The reporting person, William H. Sultemeier, serves as OGE Energy’s General Counsel, Corporate Secretary and Chief Compliance Officer. These senior roles combine legal oversight, corporate governance responsibilities, and compliance functions within the company.
Was the OGE (OGE) insider sale a single trade or multiple trades?
The Form 4 notes that the sale was executed in multiple transactions. These trades were aggregated into a weighted average price, and the insider can provide detailed price and share data for each trade upon request.