Form 4: Atmos Energy Corp Director, Richard K. Gordon, Reports Stock Disposal Following Termination of Service

Richard K. Gordon, a director at Atmos Energy Corp, reported the disposal of 71,980 shares of common stock and phantom stock units following his termination of service on the company's board.

Summary

• On February 5, 2025, Richard K. Gordon, a director of Atmos Energy Corp, reported a transaction involving the disposal of 71,980 shares of common stock at a price of $144.69 per share.
• The transaction was executed under Transaction Code 'C', indicating a disposal.
• Following the transaction, Gordon directly owns 81,980 shares of Atmos Energy Corp.
• Additionally, Gordon disposed of 71,980 phantom stock units, which are equivalent to shares of the company's common stock.
• These phantom stock units were granted under the company's Equity Incentive and Deferred Compensation Plan for Non-Employee Directors and were distributed upon his termination of service on the board.
• The reporting person's termination of service on the Company's Board triggered the distribution of these shares and units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a transaction related to a director's departure. It doesn't inherently indicate positive or negative performance for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding the transactions of those with privileged information.

Stakeholder Impact

• The disposal of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on the company's operations or financial performance.

Key Dates

Keywords

Form 4, Atmos Energy Corp, Director, Stock Disposal, Richard K. Gordon, Phantom Stock Units, Equity Incentive Plan, Deferred Compensation Plan, Termination of Service