OGE Energy Corp. Files Definitive Proxy Statement
Ticker: OGE · Form: DEF 14A · Filed: Apr 1, 2024 · CIK: 1021635
| Field | Detail |
|---|---|
| Company | Oge Energy Corp. (OGE) |
| Form Type | DEF 14A |
| Filed Date | Apr 1, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $21, $0.01, $12,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Executive Compensation, Corporate Governance, OGE Energy, DEF 14A
TL;DR
<b>OGE Energy Corp. has filed its Definitive Proxy Statement for the period ending December 31, 2023, detailing executive compensation and corporate governance matters.</b>
AI Summary
OGE ENERGY CORP. (OGE) filed a Proxy Statement (DEF 14A) with the SEC on April 1, 2024. OGE Energy Corp. filed a Definitive Proxy Statement (DEF 14A) on April 1, 2024. The filing covers the period ending December 31, 2023. Key executive compensation components include changes in value of prior years' awards and fair value of current year equity awards. The company is incorporated in Oklahoma and operates in the Electric Services industry (SIC 4911). The filing details various components related to executive compensation, including pension plan costs and dividend-related adjustments.
Why It Matters
For investors and stakeholders tracking OGE ENERGY CORP., this filing contains several important signals. This filing provides shareholders with crucial information regarding executive compensation packages and voting matters, enabling informed decisions at the annual meeting. As a DEF 14A filing, it outlines the company's governance practices and executive remuneration, which are key factors for investors assessing management performance and alignment.
Risk Assessment
Risk Level: low — OGE ENERGY CORP. shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate disclosure rather than an event-driven or problematic filing.
Analyst Insight
Review the executive compensation details and any shareholder proposals to understand potential impacts on future company strategy and shareholder value.
Key Numbers
- 2023-12-31 — Fiscal Year End (Reporting Period)
- 2024-04-01 — Filing Date (Report Date)
- 4911 — SIC Code (Electric Services)
- OK — State of Incorporation (Company Information)
Key Players & Entities
- OGE ENERGY CORP. (company) — Registrant name
- 0000950170-24-039015 (filing_id) — Accession Number
- 1934 Act (regulation) — SEC Act
- OKLAHOMA CITY (location) — Business Address City
- OK (location) — Business Address State
- 73101-0321 (postal_code) — Business Address ZIP
- 4055533000 (phone_number) — Business Phone
- 2024-04-01 (date) — Filing Date
FAQ
When did OGE ENERGY CORP. file this DEF 14A?
OGE ENERGY CORP. filed this Proxy Statement (DEF 14A) with the SEC on April 1, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by OGE ENERGY CORP. (OGE).
Where can I read the original DEF 14A filing from OGE ENERGY CORP.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by OGE ENERGY CORP..
What are the key takeaways from OGE ENERGY CORP.'s DEF 14A?
OGE ENERGY CORP. filed this DEF 14A on April 1, 2024. Key takeaways: OGE Energy Corp. filed a Definitive Proxy Statement (DEF 14A) on April 1, 2024.. The filing covers the period ending December 31, 2023.. Key executive compensation components include changes in value of prior years' awards and fair value of current year equity awards..
Is OGE ENERGY CORP. a risky investment based on this filing?
Based on this DEF 14A, OGE ENERGY CORP. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating standard corporate disclosure rather than an event-driven or problematic filing.
What should investors do after reading OGE ENERGY CORP.'s DEF 14A?
Review the executive compensation details and any shareholder proposals to understand potential impacts on future company strategy and shareholder value. The overall sentiment from this filing is neutral.
How does OGE ENERGY CORP. compare to its industry peers?
OGE Energy Corp. operates within the Electric Services industry, providing electricity generation and distribution.
Are there regulatory concerns for OGE ENERGY CORP.?
The filing is made under the Securities Exchange Act of 1934, specifically Section 14(a), which governs proxy solicitations.
Industry Context
OGE Energy Corp. operates within the Electric Services industry, providing electricity generation and distribution.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, specifically Section 14(a), which governs proxy solicitations.
What Investors Should Do
- Analyze executive compensation details for potential alignment with company performance.
- Review any shareholder proposals for potential impact on company strategy.
- Note the filing date and reporting period for tracking corporate disclosures.
Key Dates
- 2024-04-01: Filing Date — Definitive Proxy Statement filed
Year-Over-Year Comparison
This is a DEF 14A filing, which is a standard annual disclosure for public companies regarding shareholder meetings and executive compensation.
Filing Stats: 4,586 words · 18 min read · ~15 pages · Grade level 14.4 · Accepted 2024-04-01 12:14:07
Key Financial Figures
- $21 — , we reduced the average fuel charge by $21, or 15 percent, per month – an immediat
- $0.01 — f the Company's common stock, par value $0.01 per share ("Common Stock"). The Board o
- $12,500 — he solicitation of proxies, at a fee of $12,500 plus associated costs and expenses. Our
Filing Documents
- oge-20240401.htm (DEF 14A) — 1697KB
- img209146949_0.jpg (GRAPHIC) — 124KB
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- img209146949_17.jpg (GRAPHIC) — 1336KB
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- img209146949_21.jpg (GRAPHIC) — 12KB
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- img209146949_24.jpg (GRAPHIC) — 17KB
- img209146949_25.jpg (GRAPHIC) — 1KB
- 0000950170-24-039015.txt ( ) — 24503KB
- oge-20240401.xsd (EX-101.SCH) — 28KB
- oge-20240401_htm.xml (XML) — 149KB
Security Ownership
Security Ownership 56 Equity Compensation Plan Information 57 Delinquent Section 16(a) Reports 57 Shareholder Proposals/Nomination of Directors 57 Householding Information 57 Proxy Statement April 1, 2024 GENERAL INFORMATION ABOUT THE ANNUAL MEETING AND THE PROXY MATERIALS Introductio n The Annual Meeting of Shareholders of OGE Energy Corp. (the "Company") will be held on May 16, 2024, at 10:00 a.m. CDT. The meeting will be a virtual meeting conducted exclusively via live webcast at www.virtualshareholdermeeting.com/OGE2024. At the meeting, we intend to present the first four items in the accompanying notice of annual meeting for action by the owners of the Company's common stock, par value $0.01 per share ("Common Stock"). The Board of Directors does not now know of any other matters to be presented at the meeting, but, if any other matters are properly presented to the meeting for action, the persons named in the accompanying proxy will vote upon them in accordance with their best judgment. Your Board of Directors is providing you these proxy materials in connection with the solicitation of your proxy for use at the Annual Meeting of Shareholders. When you vote by Internet, telephone or mail (all as more particularly described below), you appoint Sean Trauschke and Judy R. McReynolds as your representatives at the Annual Meeting of Shareholders. Mr. Trauschke and Ms. McReynolds will vote your shares, as you have instructed them, at the Annual Meeting of Shareholders. This way, your shares will be voted whether or not you attend and participate in the virtual Annual Meeting of Shareholders online. Even if you plan to attend and participate in the virtual Annual Meeting of Shareholders online, it is a good idea to vote your shares in advance of the meeting, just in case your plans change. If an issue comes up for vote at the meeting that is not on the proxy card, Mr. Trauschke and Ms. McReynolds will vote your shares, under your proxy,