[8-K] ONE Gas, Inc. Reports Material Event
Rhea-AI Filing Summary
ONE Gas, Inc. expanded its Board of Directors from eight to nine members and appointed Nickolas Stavropoulos, effective July 13, 2026. He will serve on the Audit, Corporate Governance and Executive Compensation Committees. The company states there are no family relationships or related-party transactions involving Mr. Stavropoulos that require disclosure.
For service through May 19, 2027, he will receive a prorated $105,000 cash annual retainer and a prorated stock retainer of common shares valued at $140,000, issued under the Amended and Restated Equity Compensation Plan (2018). He may participate in the Deferred Compensation Plan for Non-Employee Directors and will be reimbursed for Board-related expenses. ONE Gas describes itself as a 100% regulated natural gas utility serving more than 2.3 million customers in Kansas, Oklahoma and Texas.
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8-K Event Classification
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
(Date of report)
(Date of earliest event reported) July 13, 2026
(Exact name of registrant as specified in its charter)
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
(Address of principal executive offices) (Zip Code)
Registrant’s Telephone Number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading |
Name of each exchange | ||
| (indicate by check mark) | ||||
| NYSE Texas |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Directors
On July 13, 2026, we expanded our Board of Directors from eight to nine members, and Nickolas Stavropoulos was appointed to the Board to fill the additional position. All the current directors will continue as members of the Board. There are no arrangements or understanding between any of our directors and any other persons pursuant to which they are continuing to serve as a director of the company. There are no family relationships between or among any of our directors and executive officers. There are no transactions or relationships between Mr. Stavropoulos and the company that are reportable under Item 404(a) of Regulation S-K.
Mr. Stavropoulos, 68, is the retired chief operating officer of Pacific Gas & Electric (PG&E), a position he held from March 2017 through September 2018. Mr. Stavropoulos joined PG&E in 2011 and held two other leadership positions in its gas organization. Before joining PG&E, he served as executive vice president and chief operating officer of National Grid from 2007 to 2011. He also held senior leadership roles at KeySpan Energy Delivery, Colonial Gas Company and Boston Gas. He has over 40 years of experience in the energy industry, as well as detailed knowledge of the U.S. natural gas industry. He earned a Bachelor of Science degree in accounting from Bentley University and a Master of Business Administration from Babson College and has completed executive education certificates from Harvard and Massachusetts Institute of Technology. He has served on multiple public company and not-for-profit boards over his career. He currently serves on the board of directors of Ameresco (NYSE: AMRC).
Mr. Stavropoulos will also serve on our Board as a member of the Board’s Audit, Corporate Governance and Executive Compensation Committees.
Director Compensation and Reimbursement
For service on the Board through May 19, 2027, Mr. Stavropoulos will receive an annual retainer of $105,000, prorated for the period of time from his appointment to the Board through May 19, 2027. Mr. Stavropoulos will also receive the currently effective stock retainer of shares of our common stock with a value of $140,000 paid to the members of our Board, similarly prorated, which shares shall be issued pursuant to the Amended and Restated Equity Compensation Plan (2018). As a non-management director, Mr. Stavropoulos will also be entitled to participate in our Deferred Compensation Plan for Non-Employee Directors described under “Director Compensation” on pages 19 through 22 of our Proxy Statement relating to our 2026 Annual Meeting of Shareholders, as filed with the United States Securities and Exchange Commission on April 1, 2026 (as such description is incorporated herein by this reference). Additionally, Mr. Stavropoulos will be reimbursed for expenses related to his attendance at Board and committee meetings.
| Item 7.01 | Regulation FD Disclosure |
We issued a news release on July 13, 2026, announcing the appointment of Mr. Stavropoulos to our Board, a copy of which is attached as Exhibit 99.1 and which is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
| Exhibit Number |
Description | |
| 99.1 | News release issued by ONE Gas, Inc. dated July 13, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| ONE Gas, Inc. | ||||||
| Date: July 13, 2026 | By: | /s/ Brian K. Shore | ||||
| Brian K. Shore Vice President, Associate General Counsel and Secretary | ||||||
Exhibit 99.1
ONE Gas Adds New Member to Board of Directors
July 13, 2026
Page 1
| July 13, 2026 | Analyst Contact: | Erin Dailey 918-947-7411 |
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| Media Contact: | Leah Harper 918-947-7123 |
ONE Gas Adds New Member to Board of Directors
TULSA, Okla. – July 13, 2026 – ONE Gas, Inc. (NYSE: OGS) has appointed Nickolas Stavropoulos to its board of directors, effective July 13, 2026, expanding its board from eight to nine members.
Stavropoulos, 68, is the retired chief operating officer for Pacific Gas & Electric (PG&E) and National Grid, and the former chief financial officer of Colonial Gas Company. He has over 40 years of experience in the energy industry, as well as detailed knowledge of the U.S. natural gas industry.
“Nick brings extensive knowledge and experience to our board,” said Deborah A.P. Hersman, ONE Gas chair of the Board. “His operational and safety expertise and proven leadership capabilities will greatly benefit our board, shareholders and other stakeholders.”
Stavropoulos has well-rounded experience working in safety, utility operations, information technology, regulatory affairs, strategic planning, supply chain, finance, sales, business development and marketing. During his time with PG&E, he led a multi-billion dollar recovery and restoration effort to enhance PG&E’s natural gas system. He has been a strong advocate for improving safety measures for workers and the public.
Stavropoulos holds a Bachelor of Science degree in accounting from Bentley University and a Master of Business Administration from Babson College and has completed executive education certificates from Harvard and MIT. He has served on multiple public company and not-for-profit boards over his career. He currently serves on the board of directors of Ameresco (NYSE: AMRC).
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About ONE Gas, Inc.
ONE Gas Adds New Member to Board of Directors
July 13, 2026
Page 2
ONE Gas, Inc. (NYSE: OGS) is a 100-percent regulated natural gas utility, and trades on the New York Stock Exchange and the NYSE Texas under the symbol “OGS.” ONE Gas is included in the S&P MidCap 400 Index and is one of the largest natural gas utilities in the United States.
Headquartered in Tulsa, Oklahoma, ONE Gas provides a reliable and affordable energy choice to more than 2.3 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in Oklahoma; and Texas Gas Service, the third largest in Texas, in terms of customers.
For more information and the latest news about ONE Gas, visit onegas.com and follow its social channels: @ONEGas, Facebook, LinkedIn and YouTube.