Form 4: Atmos Energy Director Nancy K. Quinn Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director Nancy K. Quinn reports acquisition of phantom stock units in Atmos Energy Corp.
Summary
- On March 8, 2024, Nancy K. Quinn, a director of Atmos Energy Corp, acquired 1,293.55 phantom stock units.
- These units were granted under the company's Long-Term Incentive Plan and will be settled upon her termination of service on the Board.
- The price of the phantom stock units was $115.96.
- Quinn also holds 7,270.1003 phantom stock units from deferred compensation and 62,842.2914 directly owned phantom stock units.
- These totals include dividend reinvestments since the last filing.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The phantom stock units will be settled upon the reporting person's termination of service on the Company's Board.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors. It is common for directors to receive stock-based compensation as part of their overall remuneration.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: Acquisition of phantom stock units. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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