other_material
confidence high
sentiment neutral
materiality 0.40
ONEOK shareholders approve 2025 equity plans, authorize ~19.15M shares for awards
ONEOK INC /NEW/
- Shareholders approved 2025 Equity Incentive Plan, authorizing up to ~19.15M shares (16.87M new + 2.28M from prior plan plus recycled awards).
- 2025 EIP replaces 2018 EIP; no further awards under 2018 plan after May 21, 2025.
- Approved 2025 ESAP for 700,000 shares; grants one share per employee each time stock hits a $1 increment above highest closing price.
- All 10 director nominees elected; PwC ratified as auditor; advisory vote on exec compensation approved.
- ESAP amended on May 21 for operational changes including tax withholding and eligibility.
item 5.02item 5.07item 9.01