ONEOK, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the Annual Meeting of Shareholders held on May 20, 2026. The filing details the voting outcomes for three specific proposals submitted to security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results rather than financial performance.
Material Changes and Voting Results
Shareholders voted on three proposals at the Annual Meeting. All proposals were approved by the requisite majority.
- Proposal 1: Election of Directors
- All 10 director nominees were elected to one-year terms expiring at the 2027 Annual Meeting.
- Notable Vote Counts:
- Mark A. McCollum received the highest "For" vote count (450,700,174) and lowest "Against" count (3,287,376).
- Randall J. Larson received the highest "Against" vote count (25,516,128) among the nominees.
- Proposal 2: Ratification of Independent Auditor
- Shareholders ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
- Votes For: 551,715,532; Votes Against: 6,330,042.
- Proposal 3: Advisory Vote on Executive Compensation
- Shareholders approved the non-binding resolution regarding the Company's executive compensation program.
- Votes For: 428,986,336; Votes Against: 22,828,183.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management commentary on outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of voting results.
Key Facts for Investor Verification
- Verify the full list of elected directors and their biographies in the definitive proxy statement (Schedule 14A) filed on April 1, 2026.
- Confirm the specific terms of the engagement with PricewaterhouseCoopers LLP for the 2026 fiscal year.
- Review the executive compensation details referenced in the proxy statement to understand the context of the advisory vote approval.
- Note that approximately 104 million broker non-votes were recorded for the director election and executive compensation proposals, indicating shares held by brokers that did not receive voting instructions.