Atmos Energy (ATO) director receives new phantom stock unit grant

Rhea-AI Filing Summary

QUINN NANCY K reported acquisition or exercise transactions in this Form 4 filing.

Atmos Energy Corp director Nancy K. Quinn reported a compensation-related award of 920.2600 Phantom Stock Units on common stock equivalent, valued at $184.73 per unit. These units were granted under the company’s 1998 Long-Term Incentive Plan and will be settled when she leaves the Board.

After this grant, Quinn holds a total of 67,991.0116 Phantom Stock Units directly. This is a routine equity-based award rather than an open-market buy or sell of Atmos Energy common shares.

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

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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^*

QUINN NANCY K

(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	67,991.0116	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).
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FAQ

What insider transaction did Atmos Energy (ATO) report for Nancy K. Quinn?

Atmos Energy reported that director Nancy K. Quinn received 920.2600 Phantom Stock Units as a grant under the 1998 Long-Term Incentive Plan. Each unit equals one share of common stock and represents deferred, board-related compensation rather than an open-market trade.

Are Nancy K. Quinn’s Phantom Stock Units at Atmos Energy (ATO) equivalent to common shares?

Yes. Each Phantom Stock Unit granted to Nancy K. Quinn is equivalent to one share of Atmos Energy common stock. The units track the value of the stock but are settled later, providing equity-linked compensation without an immediate issuance of common shares.

When will Nancy K. Quinn’s Atmos Energy (ATO) Phantom Stock Units be settled?

Nancy K. Quinn’s Phantom Stock Units will be settled when her service on Atmos Energy’s Board ends. Until that termination of board service, the units function as deferred compensation tied to the value of the company’s common stock.

How many Atmos Energy (ATO) Phantom Stock Units does Nancy K. Quinn hold after this grant?

Following the latest grant, Nancy K. Quinn holds a total of 67,991.0116 Phantom Stock Units directly. This total reflects her accumulated equity-based board compensation under the company’s incentive arrangements, all linked in value to Atmos Energy common stock.

Was Nancy K. Quinn’s Atmos Energy (ATO) Form 4 transaction a market purchase or sale?

No. The Form 4 shows a grant of 920.2600 Phantom Stock Units to Nancy K. Quinn, not a market buy or sell. The award is classified as a grant or other acquisition of derivative securities under the company’s long-term incentive plan.