ONE Gas, Inc. Files Definitive Proxy Statement (DEF 14A)

Ticker: OGS · Form: DEF 14A · Filed: Apr 3, 2024 · CIK: 1587732

One Gas, INC. DEF 14A Filing Summary
FieldDetail
CompanyOne Gas, INC. (OGS)
Form TypeDEF 14A
Filed DateApr 3, 2024
Risk Level
Pages15
Reading Time18 min
Key Dollar Amounts$231 m, $4.14, $222 m, $4.08, $378 m
Sentimentneutral

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Executive Compensation, Shareholder Meeting, ONE Gas

TL;DR

<b>ONE Gas, Inc. has filed its Definitive Proxy Statement (DEF 14A) detailing corporate governance and executive compensation information.</b>

AI Summary

ONE Gas, Inc. (OGS) filed a Proxy Statement (DEF 14A) with the SEC on April 3, 2024. ONE Gas, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 3, 2024. The filing covers the period ending May 23, 2024. The company's fiscal year ends on December 31. ONE Gas, Inc. is in the Natural Gas Distribution industry (SIC 4924). The company's principal executive offices are located in Tulsa, OK.

Why It Matters

For investors and stakeholders tracking ONE Gas, Inc., this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation structures and make informed voting decisions at the upcoming annual meeting. As a DEF 14A filing, it provides detailed information on matters to be voted on by shareholders, including director elections and executive compensation plans.

Risk Assessment

Risk Level: — ONE Gas, Inc. shows moderate risk based on this filing. The filing is a routine DEF 14A, providing standard disclosure information without immediate financial or operational performance indicators.

Analyst Insight

Review the executive compensation details and any shareholder proposals to prepare for the upcoming annual meeting.

Key Numbers

Key Players & Entities

FAQ

When did ONE Gas, Inc. file this DEF 14A?

ONE Gas, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 3, 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 ONE Gas, Inc. (OGS).

Where can I read the original DEF 14A filing from ONE Gas, Inc.?

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 ONE Gas, Inc..

What are the key takeaways from ONE Gas, Inc.'s DEF 14A?

ONE Gas, Inc. filed this DEF 14A on April 3, 2024. Key takeaways: ONE Gas, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 3, 2024.. The filing covers the period ending May 23, 2024.. The company's fiscal year ends on December 31..

Is ONE Gas, Inc. a risky investment based on this filing?

Based on this DEF 14A, ONE Gas, Inc. presents a moderate-risk profile. The filing is a routine DEF 14A, providing standard disclosure information without immediate financial or operational performance indicators.

What should investors do after reading ONE Gas, Inc.'s DEF 14A?

Review the executive compensation details and any shareholder proposals to prepare for the upcoming annual meeting. The overall sentiment from this filing is neutral.

How does ONE Gas, Inc. compare to its industry peers?

ONE Gas, Inc. operates in the natural gas distribution sector, providing essential energy services to residential, commercial, and industrial customers.

Are there regulatory concerns for ONE Gas, Inc.?

As a public utility, ONE Gas, Inc. is subject to regulatory oversight by state and federal agencies concerning its operations, rates, and safety standards.

Industry Context

ONE Gas, Inc. operates in the natural gas distribution sector, providing essential energy services to residential, commercial, and industrial customers.

Regulatory Implications

As a public utility, ONE Gas, Inc. is subject to regulatory oversight by state and federal agencies concerning its operations, rates, and safety standards.

What Investors Should Do

  1. Review the detailed executive compensation tables for named executive officers.
  2. Examine proposals related to director elections and corporate governance practices.
  3. Note any shareholder proposals and the company's recommendation.

Key Dates

Year-Over-Year Comparison

This is the initial filing of the DEF 14A for the 2024 proxy season, providing updated information compared to previous filings.

Filing Stats: 4,486 words · 18 min read · ~15 pages · Grade level 14.5 · Accepted 2024-04-03 16:17:00

Key Financial Figures

Filing Documents

Executive Compensation Committee Report

Executive Compensation Committee Report 55 Named Executive Officer Compensation 56 Summary Compensation Table for 2023 56 Grants of Plan-Based Awards for 2023 58 Outstanding Equity Awards at Fiscal Year-End for 2023 59 Option Exercises and Stock Vested for 2023 60 Pension Benefits for 2023 61 Nonqualified Deferred Compensation for 2023 63 Table of Contents Potential Post-Employment Payments and Payments Upon a Change in Control 64 CEO Pay Ratio for 2023 68 Pay Versus Performance 69 Equity Compensation Plan Information 73 Proposal 3 – Advisory Vote on Executive Compensation 74 Introduction 74 Our Executive Compensation Program 74 Vote Required and Board Recommendation 75 Related-Person Transactions 76 About the 2024 Annual Meeting 77 Shareholder Proposals 81 Householding 81 Annual Report on Form 10-K 82 Other Matters 82 Frequently Requested Information Anti-Hedging and Anti-Pledging Policies 13 Board and Committee Membership 15 Board Diversity 26 Board Leadership Structure 13 Board Attributes and Experiences 27 CEO Pay Ratio for 2023 68 Clawback Provisions 53 Corporate Responsibility 7 Director Biographies 29 Director Compensation 20 Human Capital Management 8 Inclusion and Diversity 8 Market Benchmarking 45 Political Advocacy and Contributions 9 Related-Persons Transactions 76 Risk Considerations 52 Shareholder Engagement 14 Share Ownership Guidelines 51 Table of Contents GLOSSARY OF TERMS The abbreviations, acronyms and terms used in this Proxy Statement are defined as follows: 401(k) Plan ONE Gas, Inc. 401(k) Plan Board ONE Gas, Inc. Board of Directors CEO Chief Executive Officer CFO Chief Financial Officer CIC Change in control COO Chief Operating Officer DART Days Away, Restricted or Transferred Incident Rate calculated by multiplying the total number of recordable injuries and il

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