Atmos Energy (NYSE: ATO) senior advisor exercises RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ATMOS ENERGY CORP Senior Advisor Karen E. Hartsfield exercised restricted stock units that converted into 2,815 shares of common stock, while 1,042 shares were withheld to cover tax obligations under the company’s long-term incentive plan. After these routine compensation-related entries, she directly holds about 32,986 common shares, plus additional indirect holdings through a retirement savings plan and 4,195 remaining restricted stock units representing future rights to receive common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,815 shares exercised/converted
Mixed
4 txns
Insider
HARTSFIELD KAREN E
Role
Senior Advisor
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,815 | $0.00 | -- |
| Exercise | Common Stock | 2,815 | $189.74 | $534K |
| Tax Withholding | Common Stock | 1,042 | $189.74 | $198K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 4,195 shares (Direct, null);
Common Stock — 34,027.716 shares (Direct, null);
Common Stock — 1,873.867 shares (Indirect, By Retirement Savings Plan and Trust)
Footnotes (1)
- Shares withheld pursuant to a tax withholding obligation under the 1998 Long-Term Incentive Plan (the "Plan".) To update end of period holdings as of May 1, 2026 under the Atmos Energy Corporation Retirement Savings Plan and Trust. Each restricted share unit represents a contingent right to receive one share of the Company's common stock. The restricted share units vested and were delivered to the reporting person three years from date of grant pursuant to the Plan.
Key Figures
RSUs converted: 2,815 shares
Shares withheld for taxes: 1,042 shares
Direct common shares after transactions: 32,985.7159 shares
+3 more
6 metrics
RSUs converted
2,815 shares
Restricted stock units converting into Atmos Energy common stock
Shares withheld for taxes
1,042 shares
Tax withholding under the 1998 Long-Term Incentive Plan
Direct common shares after transactions
32,985.7159 shares
Direct holdings following Form 4 transactions
Indirect retirement plan shares
1,873.8666 shares
Held via Retirement Savings Plan and Trust as of May 1, 2026
Remaining restricted stock units
4,195 units
RSUs outstanding after vesting and delivery event
Reference share price
$189.74 per share
Price per share used in Form 4 common stock entries
Key Terms
Restricted Stock Unit, tax withholding obligation, 1998 Long-Term Incentive Plan, Retirement Savings Plan and Trust, +1 more
5 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" and footnote describing contingent right"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligation financial
"Shares withheld pursuant to a tax withholding obligation under the 1998 Long-Term Incentive Plan"
1998 Long-Term Incentive Plan financial
"tax withholding obligation under the 1998 Long-Term Incentive Plan (the "Plan")"
Retirement Savings Plan and Trust financial
"holdings as of May 1, 2026 under the Atmos Energy Corporation Retirement Savings Plan and Trust"
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for restricted stock units"
FAQ
What did Karen E. Hartsfield do in this Atmos Energy (ATO) Form 4?
Karen E. Hartsfield exercised restricted stock units for 2,815 Atmos Energy shares. As part of this compensation event, some shares were withheld to pay taxes, and she increased her direct equity exposure while retaining additional unconverted restricted stock units.
Does Karen E. Hartsfield have indirect Atmos Energy holdings through a retirement plan?
Yes. The Form 4 shows 1,873.8666 Atmos Energy shares held indirectly through the Atmos Energy Corporation Retirement Savings Plan and Trust, updating end-of-period holdings as of early May 2026 under that retirement plan.
How many restricted stock units does Hartsfield still hold after these Atmos Energy transactions?
Following the reported vesting, Hartsfield holds 4,195 restricted stock units. Each restricted stock unit represents a contingent right to receive one Atmos Energy common share, providing additional potential future equity once those units vest and are delivered.