<SEC-DOCUMENT>0000950170-25-024169.txt : 20250220
<SEC-HEADER>0000950170-25-024169.hdr.sgml : 20250220
<ACCEPTANCE-DATETIME>20250220161507
ACCESSION NUMBER:		0000950170-25-024169
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250218
FILED AS OF DATE:		20250220
DATE AS OF CHANGE:		20250220

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Bender Mark A.
		CENTRAL INDEX KEY:			0001657393
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36108
		FILM NUMBER:		25645553

	MAIL ADDRESS:	
		STREET 1:		15 EAST 5TH ST., 34TH FLOOR
		CITY:			TULSA
		STATE:			OK
		ZIP:			74103

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ONE Gas, Inc.
		CENTRAL INDEX KEY:			0001587732
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS DISTRIBUTION [4924]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				463561936
		STATE OF INCORPORATION:			OK
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		15 EAST FIFTH STREET
		CITY:			TULSA
		STATE:			OK
		ZIP:			74103
		BUSINESS PHONE:		918-947-7000

	MAIL ADDRESS:	
		STREET 1:		15 EAST FIFTH STREET
		CITY:			TULSA
		STATE:			OK
		ZIP:			74103
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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    <periodOfReport>2025-02-18</periodOfReport>

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        <issuerCik>0001587732</issuerCik>
        <issuerName>ONE Gas, Inc.</issuerName>
        <issuerTradingSymbol>OGS</issuerTradingSymbol>
    </issuer>

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        <reportingOwnerId>
            <rptOwnerCik>0001657393</rptOwnerCik>
            <rptOwnerName>Bender Mark A.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>15 E. 5TH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TULSA</rptOwnerCity>
            <rptOwnerState>OK</rptOwnerState>
            <rptOwnerZipCode>74103</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>See Remarks</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

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                </sharesOwnedFollowingTransaction>
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        </nonDerivativeTransaction>
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    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Performance Units 2022</value>
            </securityTitle>
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            <transactionDate>
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                <equitySwapInvolved>false</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>3378</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>71.53</value>
                    <footnoteId id="F1"/>
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                <transactionAcquiredDisposedCode>
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                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common stock, par value $0.01</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3378</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>0</value>
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        </derivativeTransaction>
        <derivativeTransaction>
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            <transactionDate>
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            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>845</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>71.53</value>
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                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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                </transactionAcquiredDisposedCode>
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            <exerciseDate>
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            </exerciseDate>
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                <footnoteId id="F2"/>
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                    <value>Common stock, par value $0.01</value>
                </underlyingSecurityTitle>
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                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
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        </derivativeTransaction>
        <derivativeTransaction>
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                </transactionShares>
                <transactionPricePerShare>
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                <transactionFormType>4</transactionFormType>
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                    <value>1812</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>71.53</value>
                    <footnoteId id="F4"/>
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                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
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                <footnoteId id="F4"/>
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                <footnoteId id="F4"/>
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                    <value>Common stock, par value $0.01</value>
                </underlyingSecurityTitle>
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                    <value>1812</value>
                </underlyingSecurityShares>
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                    <value>1812</value>
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    <footnotes>
        <footnote id="F1">Performance units awarded under the Issuer's Amended and Restated Equity Compensation Plan (2018). The award, including dividend equivalents, vested on February 15, 2025, in an amount equal to 50% of the performance units awarded based upon Issuer's total shareholder return compared to the total shareholder return of a selected peer group and was certified by the Executive Compensation Committee of the Board of Directors on February 17, 2025.  The award was payable one share of Issuer's common stock for each vested performance unit and accrued dividends.</footnote>
        <footnote id="F2">Restricted units awarded under Issuer's Amended and Restated Equity Compensation Plan (2018). The award vested on February 15, 2025. During the 3-year vesting period, the award was credited with dividend equivalents that were paid out in shares of common stock at the time the underlying units vested and were issued. The award and credited dividend equivalents were payable one share of the Issuer's common stock for each vested restricted unit, including additional restricted units resulting from the dividend equivalents.</footnote>
        <footnote id="F3">Performance units awarded under the Issuer's Amended and Restated Equity Compensation Plan (2018). The award will vest on February 19, 2028, for a percentage (0% to 200%) of the performance units awarded based upon the Issuer's total shareholder return compared to total stockholder return of a selected peer group over the performance period from January 1, 2025, through December 31, 2027, in accordance with the terms of the Performance Unit Award Agreement. During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out at the time the underlying units are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested performance unit and dividend equivalent.</footnote>
        <footnote id="F4">Restricted units awarded under the Issuer's Amended and Restated Equity Compensation Plan (2018). The award vests on February 19, 2028, in accordance with the terms of the Restricted Unit Award Agreement.  During the 3-year vesting period, the award will be credited with dividend equivalents that will be paid out at the time the underlying units are issued. The award and credited dividend equivalents will be payable one share of the Issuer's common stock for each vested restricted unit and dividend equivalent.</footnote>
    </footnotes>

    <remarks>Senior Vice President, Administration and Chief Information Officer</remarks>

    <ownerSignature>
        <signatureName>/s/ Brian K. Shore, Attorney-in-Fact for Mark A. Bender</signatureName>
        <signatureDate>2025-02-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
