Form 4: Atmos Energy Corp Executive J Matt Robbins Reports Stock Transactions
SEC Form 4 Filing
J Matt Robbins, a Senior VP at Atmos Energy Corp, reports the vesting and subsequent disposal of shares to cover tax obligations, along with an update to holdings in the retirement savings plan.
Summary
- On May 3, 2024, J Matt Robbins, a Senior Vice President at Atmos Energy Corp, reported transactions involving Atmos Energy Corp common stock.
- Robbins acquired 3,215 shares of common stock upon the vesting of restricted stock units at a price of $119.09 per share.
- Simultaneously, 1,276 shares were disposed of to satisfy tax withholding obligations at the same price of $119.09 per share.
- Following these transactions, Robbins directly owns 21,030.083 shares of Atmos Energy Corp common stock.
- Robbins also indirectly owns 2,701.8634 shares through the Atmos Energy Corporation Retirement Savings Plan and Trust, reflecting an update to holdings as of May 1, 2024.
- The reported restricted stock units vested and were delivered to the reporting person three years from the date of grant pursuant to the Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine occurrence.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related disposals.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date for updating end of period holdings under the Atmos Energy Corporation Retirement Savings Plan and Trust. |
| 05/03/2024 | Date of the stock transactions: acquisition of shares upon vesting of restricted stock units and disposal of shares for tax withholding. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
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