ONEOK accounting chief receives 2,316 vested shares
Twenty percent of the award vested, and credited dividend equivalents were paid in common shares.
Rhea-AI Filing Summary
Mary M. Spears, ONEOK's Chief Accounting Officer and Senior Vice President, Finance and Tax, had 2,316 restricted units vest and convert into common shares on September 23, 2026; 20% of the award vested on that date. A further 1,016 common shares were delivered or withheld for payment of exercise price or tax liability at $90.09 per share. The reported post-transaction position was 8,815 restricted units, with 8,510 common shares held indirectly through a 401(k). No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,316 shares exercised/converted
Exercise
4 txns
Insider
SPEARS MARY M
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSU 2025-S F1 | 2,316 | -- | -- |
| Exercise | Common Stock, par value $0.01 F1 | 2,316 | -- | -- |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 | 1,016 | $90.09 | $92K |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
Holdings After Transaction:
RSU 2025-S — 8,815 contracts (Direct);
Common Stock, par value $0.01 — 28,652.12 shares (Direct);
Common Stock, par value $0.01 — 8,510.47 shares (Indirect, 401(k))
Footnotes (1)
- F1. Restricted units awarded under the Issuer's Equity Incentive Plan on 9/23/25. Twenty percent of the award vested on 9/23/2026. During the vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the time the underlying units vested and were issued. The award and credited dividend equivalents were payable in one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.
Key Figures
Restricted units vested: 2,316 units
Common shares issued: 2,316 shares
Shares delivered or withheld: 1,016 shares
+3 more
6 metrics
Restricted units vested
2,316 units
September 23, 2026
Common shares issued
2,316 shares
Upon vesting on September 23, 2026
Shares delivered or withheld
1,016 shares
For payment of exercise price or tax liability on September 23, 2026
Reported per-share price
$90.09 per share
For the 1,016 shares delivered or withheld on September 23, 2026
Restricted units following transaction
8,815 units
Reported after the September 23, 2026 transaction
Indirect common shares
8,510 shares
Held through a 401(k), reported on September 23, 2026
Key Terms
restricted units, dividend equivalents, Equity Incentive Plan
3 terms
restricted units financial
"Twenty percent of the award vested"
dividend equivalents financial
"the award was credited with dividend equivalents"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Equity Incentive Plan financial
"awarded under the Issuer's Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was Mary M. Spears's OKE transaction made under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for Mary M. Spears's transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
