Form 4: Atmos Energy CEO John Akers Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Atmos Energy CEO John Akers reports the vesting and delivery of restricted stock units, along with associated tax withholding.

Summary

  • On May 2, 2025, John Akers, President & CEO of Atmos Energy Corp, reported transactions involving the company's common stock.
  • Akers acquired 11,140 shares of common stock upon the vesting of restricted stock units at a price of $160.655 per share.
  • 4,122 shares were withheld to satisfy a tax withholding obligation.
  • Akers directly owns 105,776.199 shares of common stock following the reported transactions.
  • Akers indirectly owns 12,893.544 shares through the Atmos Energy Corporation Retirement Savings Plan and Trust as of May 1, 2025.
  • The reported transactions involved restricted stock units that vested three years from the date of grant.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

  • The vesting of restricted stock units indicates a positive performance incentive for the CEO.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard compensation practices through restricted stock units.

Comparison to Industry Standards

  • Executive compensation packages often include restricted stock units to align management's interests with those of shareholders.
  • The vesting schedule of three years is a common practice in the industry.
  • Tax withholding on vested shares is a standard procedure.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

DateDescription
05/02/2025Date of stock transactions (vesting of restricted stock units and tax withholding).
05/01/2025End of period holdings update for the Atmos Energy Corporation Retirement Savings Plan and Trust.
05/05/2025Date of signature on the Form 4 filing.

Keywords

Atmos Energy, John Akers, Stock Transactions, Form 4, Restricted Stock Units, CEO, Beneficial Ownership

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