Form 4: Atmos Energy CEO John Akers Reports Stock Transactions
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
| Date | Description |
|---|---|
| 05/02/2025 | Date of stock transactions (vesting of restricted stock units and tax withholding). |
| 05/01/2025 | End of period holdings update for the Atmos Energy Corporation Retirement Savings Plan and Trust. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Atmos Energy, John Akers, Stock Transactions, Form 4, Restricted Stock Units, CEO, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.