Form 4: Atmos Energy Director Kim R Cocklin Sells 15,000 Shares
SEC Form 4
Director Kim R Cocklin sold 15,000 shares of Atmos Energy Corp. on May 14, 2025, at a price of $150.979 per share.
Summary
- On May 14, 2025, Kim R Cocklin, a director of Atmos Energy Corp., sold 15,000 shares of common stock at a price of $150.979 per share.
- Following the transaction, Cocklin directly owns 172,631.6045 shares of Atmos Energy Corp.
- Cocklin also indirectly owns shares through a Retirement Savings Plan and Trust.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan established on February 12, 2025, for diversification, tuition, and tax planning purposes.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction appears to be a routine sale under a pre-arranged trading plan.
Industry Context
Sales by insiders are a normal part of corporate governance. It is important to consider the context of the sale, such as the use of a 10b5-1 plan, which suggests the sale was pre-planned and not based on current inside information.
Stakeholder Impact
- The sale could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact given the pre-planned nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| February 12, 2025 | Date the Rule 10b5-1 trading plan was established |
| May 14, 2025 | Date of the stock sale transaction |
| May 15, 2025 | Date of signature on the Form 4 filing |
Keywords
Atmos Energy Corp, Kim R Cocklin, stock sale, Form 4, director, ATO, Rule 10b5-1
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