Pierce Norton gets 60,491 RSU award from ONEOK (NYSE: OKE) vesting 2029

Rhea-AI Filing Summary

NORTON PIERCE reported acquisition or exercise transactions in this Form 4 filing.

ONEOK Inc. granted director and officer Pierce Norton an award of 60,491 restricted stock units (RSUs) labeled "RSU 2026" on February 18, 2026. The RSUs vest on February 18, 2029 and will earn dividend equivalents paid in additional shares when the units vest. Each vested unit, including those from dividend equivalents, will be settled in one share of common stock. The filing states this grant represents 50% of Norton's annual Equity Incentive Plan award for February 2026.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

NORTON PIERCE

(Last) (First) (Middle)

100 WEST FIFTH STREET

(Street)

TULSA OK 74103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ONEOK INC /NEW/ [ OKE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
RSU 2026	(1)	02/18/2026		A		60,491		(1)	(1)	Common Stock, par value $0.01	60,491	(1)	60,491	D

Explanation of Responses:

1. Restricted units awarded under Issuer's Equity Incentive Plan. The award vests on February 18, 2029. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out in shares of common stock at the time the underlying units vest and are issued. The award and credited dividend equivalents will be payable in one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents. This award represents 50% of the annual Equity Incentive Plan award granted to the reporting person in Febuary 2026.

Remarks:

President and Chief Executive Officer - Exhibit 24 - Power of Attorney

	/s/ Sarah M. Rechter, Attorney-in-Fact for Pierce H Norton II	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did ONEOK (OKE) report for Pierce Norton in this Form 4 filing?

ONEOK reported a grant of 60,491 restricted stock units to director and officer Pierce Norton. These RSUs were awarded under the company’s Equity Incentive Plan and are scheduled to vest in February 2029, settling in shares of common stock upon vesting.

When do Pierce Norton’s 60,491 ONEOK RSUs granted in 2026 vest?

The 60,491 restricted stock units granted to Pierce Norton vest on February 18, 2029. At vesting, the units and related dividend equivalents will be paid out in shares of ONEOK common stock, delivering stock-based compensation over a multi-year period.

How will dividend equivalents on Pierce Norton’s ONEOK RSUs be paid?

During the three-year vesting period, Norton’s RSUs are credited with dividend equivalents. These equivalents will be paid out in additional shares of ONEOK common stock at the time the underlying RSUs vest, effectively increasing the total number of shares delivered at settlement.

What portion of Pierce Norton’s 2026 equity award is this ONEOK RSU grant?

The filing states this RSU grant represents 50% of Pierce Norton’s annual Equity Incentive Plan award granted in February 2026. It reflects half of his total equity-based compensation for that grant cycle, with the remainder presumably in other equity forms not detailed here.

How many ONEOK shares could Pierce Norton receive from this 2026 RSU award?

The award covers 60,491 restricted stock units, each payable in one share of common stock upon vesting. Additional shares will also be issued from credited dividend equivalents, so the final share count delivered at vesting will exceed the base 60,491 units.

Is Pierce Norton’s Form 4 transaction in ONEOK stock a purchase or an award?

The Form 4 describes a grant/award acquisition of 60,491 restricted stock units, not an open-market stock purchase. The RSUs were granted at a reported price of $0.00 per unit under ONEOK’s Equity Incentive Plan as part of his executive and director compensation.