Form 4: Atmos Energy Director Richard A. Sampson Reports Changes in Beneficial Ownership

Director Richard A. Sampson reports acquisition of phantom stock units in Atmos Energy Corp through director fee conversion and dividend reinvestment.

Summary

• Richard A. Sampson, a director of Atmos Energy Corp, filed a Form 4 indicating changes in beneficial ownership.
• The report details the acquisition of phantom stock units through the Long-Term Incentive Plan.
• Sampson acquired 1,082.947 phantom stock units on March 7, 2025, at a price of $147.75 per unit.
• These units were granted under the Plan and will be settled upon termination of service on the Company's Board.
• Additionally, 17.21 phantom stock units were acquired through dividend reinvestment since the last filing, increasing the total to 668.9061.
• The total number of phantom stock units beneficially owned following the reported transactions is 30,123.7036.

Sentiment

Score: 7

Explanation: The document reflects standard insider transactions related to compensation and dividend reinvestment, indicating a neutral to slightly positive sentiment as it demonstrates continued investment by a director.

Positives

• The acquisition of phantom stock units demonstrates the director's continued investment and alignment with the company's long-term performance.
• The dividend reinvestment feature of the Long-Term Incentive Plan allows for incremental increases in Sampson's holdings.

Future Outlook

The phantom stock units will be settled upon the reporting person's termination of service on the Company's Board.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company securities, providing transparency to investors.

Comparison to Industry Standards

• Director compensation packages often include stock or stock-based awards to align the interests of directors with those of shareholders.
• Companies like Southern Company and Duke Energy also utilize long-term incentive plans that include stock-based compensation for their executives and directors.
• The specifics of these plans, such as vesting schedules and settlement terms, can vary widely.

Stakeholder Impact

• The report provides transparency to shareholders regarding the director's holdings in the company.
• The director's continued investment in the company may signal confidence in its future performance.

Key Dates