ONEOK director awarded stock and phantom units
RODRIGUEZ EDUARDO A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
RODRIGUEZ EDUARDO A reported acquisition or exercise transactions in this Form 4 filing.
ONEOK director Eduardo A. Rodriguez received equity-based compensation rather than making an open-market trade. He was granted 1,476 shares of common stock at $92.15 per share as part of his annual cash and/or stock retainer under the 2025 Equity Incentive Plan, bringing his direct common stock holdings to 29,972 shares. He also received 369 phantom stock units at the same reference price, increasing his phantom stock balance to 17,229 units. These phantom units track ONEOK common stock on a 1-for-1 basis and are deferred under the company’s plan for non-employee directors, to be settled in common shares at a determination or retirement date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,845 shares
Grant/Award
2 txns
Insider
RODRIGUEZ EDUARDO A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-OKE | 369 | $92.15 | $34K |
| Grant/Award | Common Stock, par value $0.01 | 1,476 | $92.15 | $136K |
Holdings After Transaction:
Phantom Stock-OKE — 17,229 contracts (Direct);
Common Stock, par value $0.01 — 29,972 shares (Direct)
Footnotes (4)
- F1. Annual cash and/or stock retainer shares issued under the Issuer's 2025 Equity Incentive Plan.
- F2. Shares of phantom stock are convertible into Issuer common stock on a 1-for-1 ratio.
- F3. Annual cash and/or stock retainer elected to be deferred to phantom stock under the Issuer's Deferred Compensation Plan for Non-Employee Directors.
- F4. Phantom stock is accrued under the Issuer's Deferred Compensation Plan for Non-Employee Directors and is settled in shares of Issuer common stock at the determination date or a designated date upon the reporting person's retirement.
Key Figures
Common stock granted: 1,476 shares
Common shares held after: 29,972 shares
Phantom stock granted: 369 units
+3 more
6 metrics
Common stock granted
1,476 shares
Annual retainer grant at $92.15 per share
Common shares held after
29,972 shares
Direct ONEOK common stock holding post-grant
Phantom stock granted
369 units
Deferred phantom stock award at $92.15 reference price
Phantom stock balance
17,229 units
Phantom stock units held after award
Grant reference price
$92.15 per share
Price used for both common and phantom stock awards
Conversion ratio
1-for-1
Phantom stock to ONEOK common stock conversion
Key Terms
Phantom stock, Equity Incentive Plan, Deferred Compensation Plan for Non-Employee Directors, retainer
4 terms
Phantom stock financial
"Shares of phantom stock are convertible into Issuer common stock on a 1-for-1 ratio."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Equity Incentive Plan financial
"Annual cash and/or stock retainer shares issued under the Issuer's 2025 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.
Deferred Compensation Plan for Non-Employee Directors financial
"Annual cash and/or stock retainer elected to be deferred to phantom stock under the Issuer's Deferred Compensation Plan for Non-Employee Directors."
retainer financial
"Annual cash and/or stock retainer shares issued under the Issuer's 2025 Equity Incentive Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ONEOK (OKE) director Eduardo A. Rodriguez report on this Form 4?
Eduardo A. Rodriguez reported receiving equity compensation, not buying on the market. He was granted common stock and phantom stock units as part of his annual non-employee director retainer under ONEOK’s compensation and equity incentive plans.
What is the phantom stock reported by ONEOK (OKE) director Eduardo A. Rodriguez?
The phantom stock consists of 369 units that mirror ONEOK common stock value on a 1-for-1 basis. These units are accrued under the Deferred Compensation Plan for Non-Employee Directors and are ultimately settled in ONEOK common shares at a determination or retirement-related date.
How many ONEOK (OKE) phantom stock units does Eduardo A. Rodriguez hold after this transaction?
After receiving 369 additional phantom stock units, Rodriguez holds 17,229 phantom stock units in total. These are deferred under the company’s plan for non-employee directors and are designed to be settled in ONEOK common stock at a future determination or retirement date.
At what price were the ONEOK (OKE) equity awards to Eduardo A. Rodriguez valued?
Both the common stock grant and the phantom stock units were referenced at $92.15 per share. This price is used as the transaction price per share in the Form 4 disclosure for the 1,476 common shares and 369 phantom stock units granted to Rodriguez.
AI-generated analysis. How Rhea-AI works. Not financial advice.
