ONEOK director adds 1,845 phantom stock units
DERKSEN BRIAN L reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
DERKSEN BRIAN L reported acquisition or exercise transactions in this Form 4 filing.
ONEOK Inc. director Brian L. Derksen received a grant of 1,845 units of Phantom Stock-OKE on May 20, 2026, reported as a derivative award under code A. Each phantom stock unit is convertible into one share of ONEOK common stock. The award reflects annual cash and/or stock retainer that Derksen elected to defer into phantom stock under ONEOK’s Deferred Compensation Plan for Non-Employee Directors. These phantom stock units are accrued under the plan and will be settled in shares of ONEOK common stock at a determination date or on a designated date after Derksen’s retirement. Following this grant, Derksen holds a total of 41,803 phantom stock units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-OKE | 1,845 | $92.15 | $170K |
Footnotes (3)
- F1. Shares of phantom stock are convertible into Issuer common stock on a 1-for-1 ratio.
- F2. Annual cash and/or stock retainer elected to be deferred to phantom stock under the Issuer's Deferred Compensation Plan for Non-Employee Directors.
- F3. 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.
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