Atmos Energy (ATO) CEO John Akers awarded 7,760 restricted stock units under incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Atmos Energy Corporation’s President and CEO, John K. Akers, reported an award of 7,760 restricted stock units on the company’s common stock. Each unit represents the right to receive one Atmos Energy share and was valued at $168.06 per unit for reporting purposes.
The restricted stock units were granted under the company’s 1998 Long-Term Incentive Plan and will vest and be delivered to Akers three years from the grant date of February 3, 2026. Following this award, he directly holds 43,215 derivative securities linked to Atmos Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
AKERS JOHN K
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 7,760 | $168.06 | $1.30M |
Holdings After Transaction:
Restricted Stock Unit — 43,215 shares (Direct)
Footnotes (1)
- Each restricted share unit represents a contingent right to receive one share of the Company's common stock. The restricted share units issued under the Company's 1998 Long-Term Incentive Plan will vest and be delivered to the reporting person three years from date of grant.
FAQ
What insider transaction did Atmos Energy (ATO) report for John K. Akers?
Atmos Energy reported that President and CEO John K. Akers received 7,760 restricted stock units. These units are tied to Atmos Energy common stock and were granted as equity compensation, rather than being a market purchase or sale of existing shares.
How many restricted stock units did the Atmos Energy (ATO) CEO receive?
The CEO of Atmos Energy, John K. Akers, received 7,760 restricted stock units. Each unit represents a contingent right to receive one share of Atmos Energy common stock, subject to vesting conditions under the company’s 1998 Long-Term Incentive Plan.
What is the vesting schedule for the new Atmos Energy (ATO) restricted stock units?
The newly granted restricted stock units to Atmos Energy’s CEO will vest and be delivered three years from the February 3, 2026 grant date. Until vesting, they remain contingent rights and are governed by the company’s 1998 Long-Term Incentive Plan rules.
What does each restricted stock unit represent for Atmos Energy (ATO)?
Each restricted stock unit granted by Atmos Energy represents a contingent right to receive one share of the company’s common stock. Actual shares are delivered only when the units vest according to the terms of the 1998 Long-Term Incentive Plan.
How many Atmos Energy (ATO) derivative securities does the CEO hold after this grant?
After the February 3, 2026 grant, Atmos Energy’s CEO beneficially owns 43,215 derivative securities. This total includes the newly awarded restricted stock units and reflects his direct derivative holdings tied to Atmos Energy common stock.
Was the Atmos Energy (ATO) CEO’s Form 4 transaction a purchase or a grant?
The Form 4 transaction for Atmos Energy’s CEO was a grant of restricted stock units coded as an acquisition. It reflects equity compensation issued by the company, not an open-market purchase or sale of Atmos Energy common stock.