Atmos Energy director awarded phantom stock units

DONOHUE SEAN reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 03/10/2026 - 04:58 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

DONOHUE SEAN reported acquisition or exercise transactions in this Form 4 filing.

ATMOS ENERGY CORP director Sean Donohue received a compensation grant of 920.260 phantom stock units on Common Stock. Each phantom unit equals one share of Atmos common stock and was valued at $184.73 per unit. After this award, Donohue holds 9,791.6777 phantom stock units, which will be settled when he leaves the company’s Board.

Insider Trade Summary

Grant/Award: 920.26 shares

Grant/Award 1 txn

Insider DONOHUE SEAN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	920.26	$184.73	$170K

Holdings After Transaction: Phantom Stock Units — 9,791.6777 contracts (Direct)

Holdings Before and After: Phantom Stock Units, 8,871.4177 to 9,791.6777 contracts (Direct)

Footnotes (2)

1. F1. Each unit of phantom stock is equivalent to one share of the Company's common stock.
2. 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 insider transaction did ATMOS ENERGY (ATO) director Sean Donohue report?

Sean Donohue reported receiving a grant of 920.260 phantom stock units tied to Atmos Energy common stock. This is a compensation-related award, not an open-market share purchase or sale, and increases his deferred equity-based holdings in the company.

How many ATMOS ENERGY (ATO) phantom stock units does Sean Donohue hold after this grant?

After the March 6, 2026 grant, Sean Donohue holds 9,791.6777 phantom stock units. Each unit is economically equivalent to one share of Atmos Energy common stock, giving him a larger deferred equity-linked position aligned with shareholder value over time.

What are phantom stock units in the context of ATMOS ENERGY (ATO)?

For Atmos Energy, each phantom stock unit is economically equivalent to one share of common stock. These units track the share price but are typically paid in cash or shares later, providing directors with share-linked compensation without immediate stock issuance or voting rights.

Under which plan were Sean Donohue’s ATMOS ENERGY (ATO) phantom stock units granted?

The phantom stock units were granted under Atmos Energy’s 1998 Long-Term Incentive Plan. This plan provides equity-linked compensation to eligible participants, and Donohue’s units are awarded as part of his service compensation on the company’s Board of Directors.

When will Sean Donohue’s ATMOS ENERGY (ATO) phantom stock units be settled?

The phantom stock units are scheduled to be settled upon Sean Donohue’s termination of service on Atmos Energy’s Board. Settlement typically means converting the units into cash or stock value at that time, aligning director compensation with long-term company performance.

What price per unit is associated with Sean Donohue’s ATMOS ENERGY (ATO) phantom stock grant?

The grant reflects a transaction price of $184.73 per phantom stock unit. This value is used for accounting and reporting of the award and indicates the reference share price used when the compensation grant was recorded on March 6, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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
Estimated average burden
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^*

DONOHUE SEAN

(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

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
Phantom Stock Units	(1)	03/06/2026		A		920.26		(2)	(2)	Common Stock	920.26	$184.73	9,791.6777	D

Explanation of Responses:

1. Each unit of phantom stock is equivalent to one share of the Company's common stock.

2. 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.

	/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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.