Form 4: Atmos Energy Corp Executive Karen E. Hartsfield Reports Stock Transactions
SEC Form 4 Filing
Karen E. Hartsfield, a Senior VP at Atmos Energy Corp, reports the vesting and subsequent tax withholding of shares, along with an update to retirement savings plan holdings.
Summary
- On November 5, 2024, Karen E. Hartsfield, a Senior VP at Atmos Energy Corp, reported transactions involving Atmos Energy Corp common stock.
- 4,588 shares vested from a performance-based restricted stock unit award at a price of $137.32 per share.
- 1,806 shares were withheld to satisfy a tax withholding obligation, also at $137.32 per share.
- Following these transactions, Hartsfield directly owns 26,421.7159 shares of Atmos Energy Corp common stock.
- Hartsfield also indirectly owns 1,657.7455 shares through the Atmos Energy Corporation Retirement Savings Plan and Trust, updated as of November 1, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Positives
- The vesting of performance-based restricted stock units suggests that performance targets were met, which is a positive indicator.
Future Outlook
There are no explicit forward-looking statements in this document.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- Companies like ONEOK, Inc. and Williams Companies also have executives who regularly file Form 4s related to stock options, grants, and sales.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 1998 | The 1998 Long-Term Incentive Plan of the Company (the 'Plan') was established. |
| 11/01/2024 | End of period holdings update for the Atmos Energy Corporation Retirement Savings Plan and Trust. |
| 11/05/2024 | Date of the reported stock transactions: vesting of restricted stock units and tax withholding. |
| 11/07/2024 | Date of signature on the Form 4 filing. |
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