Form 4: Atmos Energy Senior Advisor's Stock Transactions

Atmos Energy Senior Advisor Karen Hartsfield reported the vesting of performance-based restricted stock units and subsequent tax-related share disposition.

Summary

• Karen E. Hartsfield, Senior Advisor at Atmos Energy Corp (ATO), reported transactions on November 4, 2025.
• Acquired 5,396 shares of common stock at $172.96 per share due to the vesting of performance-based restricted stock units under the 1998 Long-Term Incentive Plan.
• Disposed of 2,124 shares of common stock at $172.96 per share to satisfy tax withholding obligations related to the vesting.
• Following these transactions, direct beneficial ownership stands at 31,212.7159 shares.
• Indirect beneficial ownership through the Atmos Energy Corporation Retirement Savings Plan and Trust is 1,800.1068 shares, updated as of November 1, 2025.

Sentiment

Score: 7

Explanation: The vesting of performance-based restricted stock units is a positive indicator of executive performance and compensation, while the subsequent share disposition for tax purposes is a routine and expected event.

Positives

• Vesting of 5,396 performance-based restricted stock units, indicating the achievement of performance targets by the Senior Advisor.

Negatives

• Disposition of 2,124 shares of common stock to cover tax withholding obligations, reducing direct beneficial ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The vesting and subsequent sale for taxes represent routine executive compensation activities, aligning executive interests with shareholder value through equity ownership.
• Employees: The transaction demonstrates the active operation of the company's long-term incentive plan, which can serve as a motivational factor for other employees.

Key Dates

Keywords

Atmos Energy, ATO, Form 4, Insider Transaction, Stock Vesting, Restricted Stock Units, Executive Compensation, Share Ownership