Form 4: Atmos Energy Director Toliver Acquires 1,000 Phantom Stock Units

Director Telisa Toliver acquired 1,000 phantom stock units of Atmos Energy Corp on October 1, 2024, under the company's Long-Term Incentive Plan.

Summary

• On October 1, 2024, Telisa Toliver, a director of Atmos Energy Corp, acquired 1,000 phantom stock units.
• The acquisition was made under the 1998 Long-Term Incentive Plan.
• Each phantom stock unit is equivalent to one share of Atmos Energy's common stock.
• The price of the phantom stock units was $138.73.
• These units will be settled upon Toliver's termination of service on the Company's Board of Directors.
• Following the transaction, Toliver directly owns 1,000 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally viewed neutrally. The acquisition of phantom stock units can be seen as a positive sign, aligning the director's interests with the company's long-term performance.

Future Outlook

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

Industry Context

This Form 4 filing indicates a director's acquisition of phantom stock units, a common form of executive compensation in publicly traded companies. It aligns the director's interests with those of the shareholders.

Stakeholder Impact

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term performance.

Key Dates