ONEOK (NYSE: OKE) officer nets new shares after RSU vesting

Rhea-AI Filing Summary

ONEOK officer Walter S. Hulse III exercised restricted stock units and had shares withheld to cover taxes. On February 22, 2026, RSUs from a 2023 award vested, converting into 7,739.3885 shares of common stock credited at no exercise price. To satisfy tax obligations, 3,454.3885 shares of common stock were disposed of at $87.33 per share in a tax-withholding transaction, not an open-market sale. After these moves, Hulse directly owned 168,985.0571 shares and indirectly held 25,000 shares through the Hulse 2006 Rev Trust.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

HULSE WALTER S III

(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)

	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		7,739.3885	A	(1)	172,439.4456	D
Common Stock, par value $0.01	02/22/2026		F		3,454.3885	D	$87.33	168,985.0571	D
Common Stock, par value $0.01								25,000	I	Hulse 2006 Rev Trust

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			7,739.3885	(1)	(1)	Common Stock, par value $0.01	7,739.3885	(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:

Chief Financial Officer, Treasurer and Executive Vice President, Investor Relations and Corporate Development

	/s/ Sarah M. Rechter, Attorney-in-Fact for Walter S. Hulse III	02/24/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ONEOK (OKE) officer Walter S. Hulse III report in this Form 4?

Walter S. Hulse III reported the vesting and exercise of restricted stock units into common shares, followed by a share disposition to cover tax liabilities. The filing reflects routine equity compensation activity rather than an open-market stock purchase or sale.

How many ONEOK (OKE) shares did Walter S. Hulse III acquire from RSUs?

He acquired 7,739.3885 shares of ONEOK common stock when his 2023 restricted stock unit award vested. These RSUs had accumulated dividend equivalents over a three-year vesting period, which were also paid out in additional shares upon vesting.

Why were some ONEOK (OKE) shares disposed of in this insider filing?

3,454.3885 shares of ONEOK common stock were disposed of to pay tax liabilities related to the RSU vesting. This tax-withholding disposition occurred at a price of $87.33 per share and does not represent an open-market sale decision by the officer.

What is Walter S. Hulse III’s ONEOK (OKE) share ownership after these transactions?

After the reported transactions, Walter S. Hulse III directly owned 168,985.0571 ONEOK common shares. He also indirectly held 25,000 additional shares through the Hulse 2006 Rev Trust, reflecting both direct and trust-based ownership interests.

How were dividend equivalents handled in Walter S. Hulse III’s ONEOK (OKE) RSU award?

During the three-year vesting period, the RSU award was credited with dividend equivalents. These dividend equivalents were paid out in additional ONEOK common shares at vesting, with each vested restricted unit and its credited equivalents delivering one share.