Atmos Energy director granted phantom stock units
Coogler Mitzi H reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Coogler Mitzi H reported acquisition or exercise transactions in this Form 4 filing.
ATMOS ENERGY CORP director Mitzi H. Coogler received a grant of 920.2600 phantom stock units, each tied to one share of common stock. The award was recorded at a reference price of $184.7300 per unit and was issued as a compensation grant, not an open-market purchase.
The phantom stock units were granted under the company’s 1998 Long-Term Incentive Plan and will be settled when Coogler’s service on the Board ends. Following this award, her reported phantom stock unit balance is 920.2600 units, aligning her compensation more closely with shareholder value over her board tenure.
Positive
- None.
Negative
- None.
Insights
Routine board compensation grant of phantom stock units.
Director Mitzi H. Coogler was granted 920.2600 phantom stock units, each economically equivalent to a share of ATMOS ENERGY CORP common stock, at a reference value of $184.7300 per unit. The filing shows this as an acquisition via grant, not a market trade.
The units were issued under the 1998 Long-Term Incentive Plan and are to be settled after Coogler’s termination of board service. Because this is a standard equity-based compensation award with no open-market buying or selling, it carries limited signaling value about short-term views on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 920.26 | $184.73 | $170K |
Footnotes (2)
- F1. Each unit of phantom stock is equivalent to one share of the Company's common stock.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Atmos Energy (ATO) director Mitzi Coogler report in this Form 4?
Are the phantom stock units reported by Atmos Energy (ATO) economically equivalent to common shares?
At what value were Atmos Energy (ATO) phantom stock units granted to the director?
Is the Atmos Energy (ATO) Form 4 grant a market purchase of stock by the director?
When will Atmos Energy (ATO) settle the phantom stock units granted to the director?
Under which plan were Atmos Energy (ATO) phantom stock units granted to the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.