OGE Energy Corp. (OGE) director reports new stock equivalent units

Rhea-AI Filing Summary

OGE Energy Corp. director David E. Rainbolt reported acquiring 359.533 stock equivalent units on January 6, 2026. The units were credited at a reference price of $42.59 per unit under the company’s Deferred Compensation Plan. After this transaction, he holds a total of 42,900.1859 stock equivalent units, reported as directly owned. These stock equivalent units track OGE Energy common stock on a one-for-one basis but are to be settled 100% in cash at a specified future date or after his service ends.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider RAINBOLT DAVID E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Equivalent Units	359.533	$42.59	$15K

Holdings After Transaction: Stock Equivalent Units — 42,900.186 shares (Direct)

Footnotes (1)

1. Security converts to common stock on a one-for-one basis. The Common Stock Units were accrued under the Deferred Compensation Plan of OGE Energy Corp. and are to be settled 100% in cash at a specified future date or following termination of service.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RAINBOLT DAVID E

(Last) (First) (Middle)

C/O OGE ENERGY CORP.

PO BOX 321

(Street)

OKLAHOMA CITY OK 73101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OGE ENERGY CORP. [ OGE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Equivalent Units	(1)	01/06/2026		A		359.533		(2)	(2)	Common Stock	359.533	$42.59	42,900.1859	D

Explanation of Responses:

1. Security converts to common stock on a one-for-one basis.

2. The Common Stock Units were accrued under the Deferred Compensation Plan of OGE Energy Corp. and are to be settled 100% in cash at a specified future date or following termination of service.

	William Sultemeier, By Power of Attorney	01/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did OGE (OGE) disclose in this Form 4?

A director of OGE Energy Corp., David E. Rainbolt, reported an acquisition of 359.533 stock equivalent units on January 6, 2026.

What type of security did the OGE (OGE) director acquire?

He acquired stock equivalent units, which are derivative securities that track OGE Energy common stock on a one-for-one basis.

At what price were the OGE Energy stock equivalent units recorded?

The 359.533 stock equivalent units were credited at a reference price of $42.59 per unit.

How many OGE stock equivalent units does the director hold after the transaction?

Following the reported transaction, David E. Rainbolt beneficially owns 42,900.1859 stock equivalent units, reported as direct ownership.

How and when will the OGE stock equivalent units be settled?

The filing states the units were accrued under the Deferred Compensation Plan of OGE Energy Corp. and will be settled 100% in cash at a specified future date or after termination of service.

Do the OGE stock equivalent units give the director common shares now?

The security converts to common stock on a one-for-one basis, but the filing specifies that the Common Stock Units are to be settled 100% in cash, rather than in actual shares.