Atmos Energy (NYSE: ATO) director receives new phantom stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Geiser Edward reported acquisition or exercise transactions in this Form 4 filing.
Atmos Energy Corp director Edward Geiser received a grant of 920.260 Phantom Stock Units on March 6, 2026. Each unit is equivalent to one share of Atmos Energy common stock and was awarded under the company’s 1998 Long-Term Incentive Plan. These phantom units will be settled in common stock when Geiser’s service on the board ends, and this grant brings his total phantom stock holdings to 3,050.8357 units. This is a compensation-related award rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Geiser Edward
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 920.26 | $184.73 | $170K |
Holdings After Transaction:
Phantom Stock Units — 3,050.836 shares (Direct)
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.
FAQ
What did Atmos Energy (ATO) director Edward Geiser report in this Form 4?
Director Edward Geiser reported receiving 920.260 Phantom Stock Units as a compensation award. The units were granted under Atmos Energy’s 1998 Long-Term Incentive Plan and increase his total phantom stock holdings to 3,050.8357 units tied to the company’s common stock.
Is Edward Geiser buying or selling Atmos Energy (ATO) stock in this filing?
This filing shows no open-market buying or selling by Edward Geiser. Instead, he received a grant of 920.260 Phantom Stock Units as a board compensation award, which will convert into Atmos Energy common stock when his board service ends.
What are Phantom Stock Units in the Atmos Energy (ATO) Form 4?
Phantom Stock Units are compensation instruments whose value mirrors Atmos Energy common stock. Each unit equals one share of common stock and is settled in shares later, in this case when the director’s service on the company’s board terminates, aligning director incentives with shareholders.
When will Edward Geiser’s Atmos Energy phantom stock units be settled?
The phantom stock units granted to Edward Geiser will be settled upon his termination of service on Atmos Energy’s board. At that time, the units convert into an equivalent number of common shares, delivering the accumulated value linked to the company’s stock performance.
How many Atmos Energy (ATO) phantom stock units does Edward Geiser hold after this grant?
After this grant, Edward Geiser holds 3,050.8357 Phantom Stock Units tied to Atmos Energy common stock. The new award of 920.260 units was added to his prior balance and will be settled in shares when his service on the company’s board ends.
Under which plan were Edward Geiser’s Atmos Energy phantom stock units granted?
The phantom stock units were granted under Atmos Energy’s 1998 Long-Term Incentive Plan. This plan provides equity-based compensation to align directors’ and executives’ interests with shareholders by linking awards directly to the company’s common stock performance over time.