Atmos director gets RSU grant, units vest into shares

ATMOS ENERGY CORP director John C. Ale reported routine equity compensation activity involving restricted stock units and common shares.

Accepted by SEC EDGAR 03/10/2026 - 04:48 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

ATMOS ENERGY CORP director John C. Ale reported routine equity compensation activity involving restricted stock units and common shares. On 2026-03-06, he received a grant of 920 restricted stock units, each representing a contingent right to one share of common stock, at a reference price of $184.73 per share. These units are scheduled to vest one year from the award date and then be delivered in stock.

On 2026-03-07, a prior award of restricted stock units fully vested and was converted into 1,082 shares of common stock through an option exercise transaction. Following this conversion, he held 1,082 common shares directly and 920 unvested restricted stock units, with no remaining derivative awards shown in this filing.

Insider Trade Summary

1,082 shares exercised/converted

Exercise 3 txns

Insider Ale John C.

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	1,082	$0.00	$0.00
Exercise	Common Stock	1,082	$184.73	$200K
Grant/Award	Restricted Stock Unit	920	$184.73	$170K

Holdings After Transaction: Restricted Stock Unit — 920 contracts (Direct); Common Stock — 1,082 shares (Direct)

Holdings Before and After: Restricted Stock Unit, 1,082 to 920 contracts (Direct); Common Stock, 0 to 1,082 shares (Direct)

Footnotes (3)

1. F1. Each restricted share unit represents a contingent right to receive one share of the Company's common stock.
2. F2. The restricted share units will vest one year from award date and be distributed to filer.
3. F3. The restricted share units vested and were delivered to the reporting person one year from the date of grant.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ale John C.

(Last) (First) (Middle)

5430 LBJ FREEWAY

1800 III LINCOLN CENTRE

(Street)

DALLAS TX 75240

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ATMOS ENERGY CORP [ ATO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/07/2026		M		1,082	A	$184.73	1,082	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	03/06/2026		A		920		(2)	(2)	Common Stock	920	$184.73	2,002	D
Restricted Stock Unit	(1)	03/07/2026		M			1,082	(3)	(3)	Common Stock	1,082	$0	920	D

Explanation of Responses:

1. Each restricted share unit represents a contingent right to receive one share of the Company's common stock.

2. The restricted share units will vest one year from award date and be distributed to filer.

3. The restricted share units vested and were delivered to the reporting person one year from the date of grant.

	/s/Suzanne Johnson by POA	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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