ONE Gas (OGS) director Yves Siegel receives 1,700 deferred stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Siegel Yves C reported acquisition or exercise transactions in this Form 4 filing.
ONE Gas director Yves C. Siegel reported receiving a grant of 1,700 shares of Deferred Stock at a reference price of $82.35 per share. These Deferred Stock units are convertible into ONE Gas common stock on a 1-for-1 basis.
The award represents his annual stock retainer, which he elected to defer under ONE Gas' Deferred Compensation Plan for Non-Employee Directors. After this grant, Siegel holds 5,447 Deferred Stock units directly, which will be settled in ONE Gas common shares at the distribution date described in the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Siegel Yves C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock | 1,700 | $82.35 | $140K |
Holdings After Transaction:
Deferred Stock — 5,447 shares (Direct, null)
Footnotes (1)
- Shares of deferred stock are convertible into ONE Gas' common stock on a 1-for-1 ratio. Annual stock retainer elected to be deferred under ONE Gas' Deferred Compensation Plan for Non-Employee Directors. Deferred stock is accrued under ONE Gas' Deferred Compensation Plan for Non-Employee Directors (the "Plan") and is settled in shares of ONE Gas common stock at the distribution date described in the Plan.
Key Figures
Deferred Stock grant: 1,700 units
Grant reference price: $82.35 per unit
Total Deferred Stock holdings: 5,447 units
+1 more
4 metrics
Deferred Stock grant
1,700 units
Grant of Deferred Stock on May 21, 2026
Grant reference price
$82.35 per unit
Price per Deferred Stock unit in the grant
Total Deferred Stock holdings
5,447 units
Deferred Stock directly owned after the transaction
Conversion ratio
1-for-1
Each Deferred Stock unit converts into one common share
Key Terms
Deferred Stock, Deferred Compensation Plan for Non-Employee Directors, distribution date
3 terms
Deferred Stock financial
"Shares of deferred stock are convertible into ONE Gas' common stock on a 1-for-1 ratio."
Deferred Compensation Plan for Non-Employee Directors financial
"Annual stock retainer elected to be deferred under ONE Gas' Deferred Compensation Plan for Non-Employee Directors."
distribution date financial
"settled in shares of ONE Gas common stock at the distribution date described in the Plan."
The distribution date is the day a company, fund, or trust actually pays out cash or other assets to its shareholders or unitholders. Think of it as the payday when owners receive dividends, interest, or capital gains distributions; it matters to investors because it determines when you get the money, can affect the security’s price that day, and has tax and cash-flow consequences.
FAQ
What insider transaction did Yves C. Siegel report for ONE Gas (OGS)?
Yves C. Siegel reported receiving 1,700 shares of Deferred Stock as a grant. The award forms part of his annual stock retainer and increases his Deferred Stock holdings to 5,447 units, all reported as directly owned.
How are Yves C. Siegel’s Deferred Stock units in ONE Gas (OGS) valued in this filing?
The 1,700 Deferred Stock units are reported at a reference price of $82.35 per share. This value reflects the grant’s per-unit price used in the Form 4 and helps indicate the dollar scale of the compensation award.
What does ONE Gas’ Deferred Stock convert into for director Yves C. Siegel?
The Deferred Stock converts into ONE Gas common stock on a 1-for-1 basis. Each Deferred Stock unit will be settled in one share of ONE Gas common stock at the distribution date specified in the Deferred Compensation Plan.
What plan governs Yves C. Siegel’s Deferred Stock award at ONE Gas (OGS)?
The award is accrued under ONE Gas’ Deferred Compensation Plan for Non-Employee Directors. Under this plan, Siegel’s annual stock retainer can be deferred and is ultimately settled in shares of ONE Gas common stock at the plan’s distribution date.
How many ONE Gas Deferred Stock units does Yves C. Siegel hold after this grant?
Following the Form 4 transaction, Yves C. Siegel holds 5,447 Deferred Stock units. These units are directly owned and will be settled in ONE Gas common stock on a 1-for-1 basis in accordance with the company’s Deferred Compensation Plan.