Pierce Norton gets 60,491 RSU award from ONEOK (NYSE: OKE) vesting 2029
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NORTON PIERCE
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSU 2026 | 60,491 | $0.00 | -- |
Holdings After Transaction:
RSU 2026 — 60,491 shares (Direct)
Footnotes (1)
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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.
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.