{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-048881","form_type":"8-K","ticker":"OGS","cik":"0001587732","company_name":"ONE Gas, Inc.","filed_at":"2023-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.720209+00:00","generated_at":"2026-06-19T00:44:36.354120+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"ONE Gas enters $300M equity distribution agreement with forward sale component","bullets":["Agreement allows sale of up to $300M in common stock via agents BofA, J.P. Morgan, Mizuho, RBC.","Company may also enter forward sale agreements; forward sellers borrow and sell shares, with 2% commission.","Proceeds expected from physical settlement of forward sales; may be used to repay credit facility or commercial paper.","Shares sold under automatic shelf registration statement filed Feb 23, 2023 (Reg. No. 333-269966).","No obligation to sell; sales may be suspended at any time."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-048881","json":"https://secwatch.observer/filing/0001193125-23-048881.json","markdown":"https://secwatch.observer/filing/0001193125-23-048881.md","text":"https://secwatch.observer/filing/0001193125-23-048881.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1587732/000119312523048881/0001193125-23-048881-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1587732/000119312523048881/d467339d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T00:44:36.354120+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b0bff1e8d88901d60b5eba41ba1d2fa32d757102","claim":"ONE Gas, Inc. entered into Equity Distribution Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC valued at $300,000,000 (effective 2023-02-24).","evidence_excerpt":"On February 24, 2023, ONE Gas, Inc. (the “ Company ”) entered into an equity distribution agreement (the “ Equity Distribution Agreement ”) with BofA Securities, Inc. (“ BofA Securities ”), J.P. Morgan Securities LLC (“ J.P. Morgan ”), Mizuho Securities USA LLC (“ Mizuho ”) and RBC Capital Markets, LLC (“ RBC ”), each acting as sales agent for the Company (each, a “ Manager ” and collectively, the “ Managers ”); Bank of America, N.A., JPMorgan Chase Bank, National Association, Mizuho Markets Americas LLC and Royal Bank of Canada, each acting as forward purchaser (each , a “ Forward Purchaser ” and collectively, the “ Forward Purchasers ”); and BofA Securities, J.P. Morgan, Mizuho and RBC, each acting as agent for its affiliated Forward Purchaser (each a “ Forward Seller ” and collectively, the “ Forward Sellers ”); with respect to the offering and sale from time to time through the Managers of shares of the Company’ common stock, par value $0.01 per have, having an aggregate offering p","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1587732/000119312523048881/0001193125-23-048881-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"BofA Securities, Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC"},{"label":"Value","value":"$300,000,000"},{"label":"Effective","value":"2023-02-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}