Atmos Energy (NYSE: ATO) HR VP nets shares as 2,815 RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ATMOS ENERGY CORP senior vice president of human resources J. Matt Robbins reported routine equity compensation activity involving restricted stock units and common stock. On May 2, 2026, 2,815 restricted stock units vested and were delivered as common shares under the company’s 1998 Long-Term Incentive Plan. In connection with this vesting, 1,042 common shares were withheld to satisfy tax obligations, rather than sold in the open market. Following these transactions, Robbins directly held 27,366.0830 common shares and indirectly held 2,932.1126 common shares through the Atmos Energy Corporation Retirement Savings Plan and Trust, along with 4,195 restricted stock units that remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,815 shares exercised/converted
Mixed
4 txns
Insider
ROBBINS J MATT
Role
SR VP, HUMAN RESOURCES
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,815 | $0.00 | -- |
| Exercise | Common Stock | 2,815 | $189.74 | $534K |
| Tax Withholding | Common Stock | 1,042 | $189.74 | $198K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 4,195 shares (Direct, null);
Common Stock — 28,408.083 shares (Direct, null);
Common Stock — 2,932.113 shares (Indirect, By Retirement Savings Plan and Trust)
Footnotes (1)
- Shares withheld pursuant to a tax withholding obligation under the 1998 Long-Term Incentive Plan (the "Plan".) To update end of period holdings as of May 1, 2026, under the Atmos Energy Corporation Retirement Savings Plan and Trust. Each restricted share unit represents a contingent right to receive one share of the Company's common stock. The restricted stock units vested and were delivered to the reporting person three years from date of grant pursuant to the Plan.
Key Figures
RSUs vested: 2,815 units
Shares withheld for taxes: 1,042 shares
Direct common shares after transaction: 27,366.0830 shares
+3 more
6 metrics
RSUs vested
2,815 units
Restricted stock units converted to common stock on May 2, 2026
Shares withheld for taxes
1,042 shares
Tax withholding under the 1998 Long-Term Incentive Plan
Direct common shares after transaction
27,366.0830 shares
Direct Atmos Energy common stock holdings post-transaction
Indirect common shares after update
2,932.1126 shares
Held via Atmos Energy Retirement Savings Plan and Trust
Remaining RSUs
4,195 units
Restricted stock units outstanding after the reported vesting
Implied transaction price per share
$189.7400 per share
Price field reported for the common stock entries
Key Terms
Restricted Stock Unit, tax withholding obligation, 1998 Long-Term Incentive Plan, Retirement Savings Plan and Trust
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" and footnote describing each unit as a contingent right"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligation financial
"Shares withheld pursuant to a tax withholding obligation under the 1998 Long-Term Incentive Plan"
1998 Long-Term Incentive Plan financial
"tax withholding obligation under the 1998 Long-Term Incentive Plan (the "Plan")"
Retirement Savings Plan and Trust financial
"holdings under the Atmos Energy Corporation Retirement Savings Plan and Trust"
FAQ
What insider equity transaction did Atmos Energy (ATO) report for J. Matt Robbins?
Atmos Energy reported that J. Matt Robbins had 2,815 restricted stock units vest into common shares under the 1998 Long-Term Incentive Plan. These units represented stock-based compensation that converted into Atmos Energy common stock on May 2, 2026.
What indirect Atmos Energy (ATO) holdings does J. Matt Robbins report?
The filing shows 2,932.1126 Atmos Energy common shares held indirectly for J. Matt Robbins through the Atmos Energy Corporation Retirement Savings Plan and Trust. This entry updates end-of-period holdings as of May 1, 2026 under that retirement savings plan.
How many restricted stock units does J. Matt Robbins still hold at Atmos Energy (ATO)?
Following the vesting of 2,815 units, the Form 4 lists 4,195 restricted stock units remaining for J. Matt Robbins. Each restricted stock unit represents a contingent right to receive one Atmos Energy common share under the company’s long-term incentive plan.
Is the Atmos Energy (ATO) Form 4 for J. Matt Robbins an open-market stock sale?
The filing does not show an open-market sale. It reports RSU vesting and 1,042 shares withheld to satisfy tax obligations under the long-term incentive plan, a routine compensation-related event rather than a discretionary sale into the market.