Atmos Energy (NYSE: ATO) director exercises RSUs and adds 1,082 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atmos Energy Corporation director Kim R. Cocklin reported compensation-related equity activity, primarily acquiring shares through an award vesting and a new deferred unit grant.
Cocklin exercised 1,082 restricted stock units, receiving 1,082 shares of common stock at a stated price of $184.73 per share. After this transaction, direct common stock holdings were 173,713.6045 shares. Separately, Cocklin received 920.260 phantom stock units, each equivalent to one share of common stock and granted at $184.73 under the company’s 1998 Long-Term Incentive Plan. These phantom units are to be settled when Cocklin’s service on the board ends, so they function as deferred compensation rather than current tradable shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,082 shares exercised/converted
Mixed
4 txns
Insider
COCKLIN KIM R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,082 | $0.00 | -- |
| Exercise | Common Stock | 1,082 | $184.73 | $200K |
| Grant/Award | Phantom Stock Units | 920.26 | $184.73 | $170K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 173,713.605 shares (Direct);
Phantom Stock Units — 920.26 shares (Direct);
Common Stock — 0 shares (Indirect, By Retirement Savings Plan and Trust)
Footnotes (1)
- Each unit of phantom stock is equivalent to one share of the Company's common stock. The phantom stock units were granted under the 1998 Long-Term Incentive Plan (the "Plan") and are to be settled upon the reporting person's termination of service on the Company's Board. Each restricted share unit represents the right to receive one share of the Company's common stock. The restricted share units vested and were delivered to the reporting person one year from date of grant.