OGE Energy (NYSE: OGE) GC reports stock awards and tax withholding shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OGE ENERGY CORP. general counsel and chief compliance officer William H. Sultemeier reported multiple equity transactions in company common stock. He received two stock grants of 10,996 and 5,973 shares at no cost, described as performance unit settlements and long-term incentive awards. A separate transaction disposed of 4,850 shares at $46.64 per share to cover tax obligations by delivering shares rather than paying cash. Footnotes note that one grant reflects performance units earned over the three-year period ending December 31, 2025, while another represents 2026 long-term incentives not yet earned. Total reported holdings include shares accumulated through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
SULTEMEIER WILLIAM H
Role
GC, Corp. Sec, CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock-$.01 par value per share | 10,996 | $0.00 | -- |
| Tax Withholding | Common Stock-$.01 par value per share | 4,850 | $46.64 | $226K |
| Grant/Award | Common Stock-$.01 par value per share | 5,973 | $0.00 | -- |
| holding | Stock Equiv Units | -- | -- | -- |
Holdings After Transaction:
Common Stock-$.01 par value per share — 80,719 shares (Direct);
Stock Equiv Units — 0 shares (Direct)
Footnotes (1)
- Settlement of performance units upon determination by compensation committee that specified performance goals have been achieved for the three-year period ending December 31, 2025. Long term incentives granted in 2026 but not yet earned. Not Applicable The total includes shares acquired through the reinvestment of dividends that were exempt from reporting pursuant to Rule 16a-11.
FAQ
What insider transactions did OGE (OGE) report for William H. Sultemeier?
OGE reported that William H. Sultemeier received two stock grants of 10,996 and 5,973 common shares and disposed of 4,850 shares. The disposal was for tax withholding by delivering shares, not an open-market sale.
What do the Form 4 stock grants to OGE (OGE) executive William H. Sultemeier represent?
One 10,996-share grant reflects settlement of performance units earned over a three-year period ending December 31, 2025. The 5,973-share grant is a 2026 long-term incentive award that has been granted but is described as not yet earned.
How were taxes handled in William H. Sultemeier’s OGE (OGE) equity award?
The Form 4 shows 4,850 OGE common shares disposed of at $46.64 per share. This transaction is labeled as payment of tax liability by delivering securities, meaning shares were withheld for taxes instead of using cash.
What period do the performance-based OGE (OGE) units for William H. Sultemeier cover?
A footnote explains that performance units settled upon compensation committee determination that specified goals were achieved for the three-year period ending December 31, 2025. Those earned units were then settled in company common stock.
Do William H. Sultemeier’s reported OGE (OGE) holdings include dividend reinvestment shares?
Yes. A footnote notes that his total holdings include shares acquired through reinvestment of dividends. Those dividend reinvestment acquisitions were exempt from reporting under Rule 16a-11 but are included in the total share count.