OGE Energy (OGE) director granted 314.684 stock equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAINBOLT DAVID E reported acquisition or exercise transactions in this Form 4 filing.
OGE ENERGY CORP. director David E. Rainbolt received a grant of 314.684 stock equivalent units on June 30, 2026. These units track the value of common stock on a one-for-one basis but are to be settled 100% in cash under the company’s Deferred Compensation Plan at a future date or after his service ends.
Following this award, Rainbolt holds a total of 44,341.780 stock equivalent units, including amounts accumulated through dividend reinvestment that did not require separate reporting under Rule 16a-11. The transaction reflects routine compensation rather than an open-market purchase or sale of OGE shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RAINBOLT DAVID E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 314.684 | $48.6599 | $15K |
Holdings After Transaction:
Stock Equivalent Units — 44,341.78 shares (Direct, null)
Footnotes (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. The total includes shares acquired through the reinvestment of dividends that were exempt from reporting pursuant to Rule 16a-11.
Key Figures
Units granted: 314.684 stock equivalent units
Reference price per unit: $48.6599 per unit
Total units after grant: 44,341.780 stock equivalent units
+3 more
6 metrics
Units granted
314.684 stock equivalent units
Grant to director on June 30, 2026
Reference price per unit
$48.6599 per unit
Reported transaction price for granted units
Total units after grant
44,341.780 stock equivalent units
Director’s holdings following the transaction
Conversion ratio
1 unit : 1 common share
Security converts to common stock on a one-for-one basis
Settlement form
100% in cash
Units under Deferred Compensation Plan settled in cash
Transaction code
A (grant, award, or other acquisition)
SEC Form 4 transaction classification
Key Terms
Stock Equivalent Units, Deferred Compensation Plan, Rule 16a-11, Common Stock Units
4 terms
Stock Equivalent Units financial
"Security title is listed as Stock Equivalent Units with a one-for-one value relationship to common stock."
Stock equivalent units are financial claims or instruments that are treated as if they were actual shares for purposes like calculating ownership, dilution, and earnings per share. Think of them as promises or placeholders for future slices of company pie—options, restricted units, or convertible securities—that don’t yet sit on the table but will reduce each existing slice when converted. Investors track them because they change how much of a company each share really represents and can affect valuation and voting power.
Deferred Compensation Plan financial
"The Common Stock Units were accrued under the Deferred Compensation Plan of OGE Energy Corp."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Rule 16a-11 regulatory
"The total includes shares acquired through the reinvestment of dividends that were exempt from reporting pursuant to Rule 16a-11."
Common Stock Units financial
"The Common Stock Units were accrued under the Deferred Compensation Plan of OGE Energy Corp."
A common stock unit is a tradable ownership interest that represents one or more ordinary shares in a company, giving the holder a stake in profits, a claim on assets after creditors, and usually voting rights on corporate matters. For investors it matters because these units determine how much of the company you own, how much influence you have, and how returns or losses are shared—think of owning slices of a pie that can be increased or diluted by the company’s actions.
FAQ
What did OGE (OGE) director David E. Rainbolt report in this Form 4?
David E. Rainbolt reported receiving 314.684 stock equivalent units as a compensation award. These units track OGE common stock value and are recorded as part of his deferred compensation, with total holdings rising to 44,341.780 stock equivalent units after the transaction.
Was the OGE (OGE) Form 4 transaction a stock purchase or sale?
The transaction was not an open-market stock purchase or sale. Rainbolt received a grant of stock equivalent units as compensation, which will be settled in cash in the future rather than through immediate trading of OGE common shares in the market.
How many stock equivalent units does OGE director Rainbolt hold after this grant?
After the grant, Rainbolt holds 44,341.780 stock equivalent units. This total includes the newly awarded 314.684 units and additional units accumulated through the reinvestment of dividends, which were exempt from separate reporting under SEC Rule 16a-11.
How are the OGE (OGE) stock equivalent units held by Rainbolt settled?
The stock equivalent units are to be settled 100% in cash. They are accrued under OGE Energy Corp.’s Deferred Compensation Plan and will be paid at a specified future date or after Rainbolt’s termination of service, rather than being delivered as OGE common stock.
What does one-for-one conversion mean for OGE stock equivalent units?
One-for-one conversion means each stock equivalent unit tracks the value of one share of OGE common stock. Although economically tied to the share price, these particular units are structured to be settled entirely in cash instead of being converted into actual shares.