RSU vesting boosts ONEOK (NYSE: OKE) director Pierce Norton holdings

Rhea-AI Filing Summary

ONEOK director and officer Pierce Norton reported equity compensation activity tied to restricted stock units granted in 2023. On February 22, 2026, 17,588.4574 RSUs vested and were converted into the same number of shares of ONEOK common stock at no exercise price.

To cover tax obligations on this vesting, 7,774.4574 shares of common stock were disposed of through share withholding at a price of $87.33 per share, rather than an open-market sale. After these transactions, Norton directly owned 127,781.906 shares of ONEOK common stock.

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)
02/22/2026

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
Common Stock, par value $0.01	02/22/2026		M		17,588.4574	A	(1)	135,556.3634	D
Common Stock, par value $0.01	02/22/2026		F		7,774.4574	D	$87.33	127,781.906	D

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 2023	(1)	02/22/2026		M			17,588.4574	(1)	(1)	Common Stock, par value $0.01	17,588.4574	(1)	0	D

Explanation of Responses:

1. Restricted units awarded under the Issuer's Equity Incentive Plan. The award vested on February 22, 2026. During the 3-year 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 was payable in one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from dividend equivalents.

Remarks:

President and Chief Executive Officer

	/s/ Sarah M. Rechter, Attorney-in-Fact for Pierce H Norton II	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

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

Pierce Norton reported the vesting and conversion of 17,588.4574 restricted stock units into ONEOK common shares. The award was part of the company’s Equity Incentive Plan and included additional units from dividend equivalents accrued over a three-year vesting period.

How many ONEOK (OKE) shares did Pierce Norton acquire from RSU vesting?

Norton acquired 17,588.4574 ONEOK common shares when his 2023 restricted stock units vested on February 22, 2026. Each vested restricted unit, including those from dividend equivalents, was settled in one share of common stock under the Equity Incentive Plan.

Why were some ONEOK (OKE) shares disposed of in this Form 4?

The Form 4 shows a disposition of 7,774.4574 ONEOK common shares coded as “F,” indicating tax withholding. These shares were withheld by delivering stock at $87.33 per share to satisfy tax liabilities from the RSU vesting, not through an open-market sale.

How many ONEOK (OKE) shares does Pierce Norton own after these transactions?

Following the RSU vesting and related tax withholding, Norton directly owns 127,781.906 shares of ONEOK common stock. This figure reflects the net position after converting 17,588.4574 restricted units and disposing of 7,774.4574 shares for tax purposes.

What are dividend equivalents mentioned in ONEOK (OKE) director’s RSU award?

Dividend equivalents are credits added to restricted stock units during the vesting period, mirroring dividends on common shares. Under Norton’s award, these equivalents were paid out in additional restricted units and ultimately settled in common stock when the underlying units vested.