STOCK TITAN

[Form 4] ATMOS ENERGY CORP Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Atmos Energy Vice President & Controller Michelle Faulk reported routine equity compensation activity. On May 2, 2026, 175 restricted stock units vested and were converted into the same number of common shares under the company’s long-term incentive plan.

Of these 175 shares, 70 were withheld to satisfy tax obligations at a reference price of $189.74 per share, leaving her with a net increase in directly held stock. After these transactions, she directly holds 1,201.886 common shares and indirectly holds 1.4207 shares through the Atmos Energy Corporation Retirement Savings Plan and a dividend reinvestment feature.

Positive

  • None.

Negative

  • None.
Insider FAULK MICHELLE
Role Vice President & Controller
Type Security Shares Price Value
Exercise Restricted Stock Unit 175 $0.00 --
Exercise Common Stock 175 $189.74 $33K
Tax Withholding Common Stock 70 $189.74 $13K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Unit — 650 shares (Direct, null); Common Stock — 1,271.886 shares (Direct, null); Common Stock — 1.421 shares (Indirect, by Retirement Savings Plan)
Footnotes (1)
  1. To update end of period holdings as of May 1, 2026, for shares received under an automatic dividend reinvestment feature. 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.
RSUs vested 175 shares Restricted stock units converted to common stock on May 2, 2026
Shares withheld for taxes 70 shares Tax withholding under 1998 Long-Term Incentive Plan at $189.74/share
Direct holdings after transaction 1,201.886 shares Common stock directly owned after RSU vesting and withholding
Indirect holdings after update 1.4207 shares Retirement Savings Plan and dividend reinvestment as of May 1, 2026
Reference share price $189.74 per share Value used for 70-share tax withholding disposition
Net RSU-related exercise 175 shares exercised Exercise or conversion of derivative security (restricted stock units)
Restricted Stock Unit financial
"Each restricted share unit represents a contingent right to receive one share of the Company's common stock."
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"
automatic dividend reinvestment feature financial
"shares received under an automatic dividend reinvestment feature"
Retirement Savings Plan and Trust financial
"under the Atmos Energy Corporation Retirement Savings Plan and Trust"
Long-Term Incentive Plan financial
"under the 1998 Long-Term Incentive Plan (the "Plan".)"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
SEC Form 4
FORM 4UNITED 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*
FAULK MICHELLE

(Last)(First)(Middle)
5430 LBJ FREEWAY
SUITE 1800

(Street)
DALLAS TEXAS 75240

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ATMOS ENERGY CORP [ ATO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President & Controller
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/02/2026M175A$189.741,271.886(1)D
Common Stock05/02/2026F70(2)D$189.741,201.886D
Common Stock1.4207(3)Iby Retirement Savings Plan
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(4)05/02/2026M175 (5) (5)Common Stock175$0650D
Explanation of Responses:
1. To update end of period holdings as of May 1, 2026, for shares received under an automatic dividend reinvestment feature.
2. Shares withheld pursuant to a tax withholding obligation under the 1998 Long-Term Incentive Plan (the "Plan".)
3. To update end of period holdings as of May 1, 2026, under the Atmos Energy Corporation Retirement Savings Plan and Trust.
4. Each restricted share unit represents a contingent right to receive one share of the Company's common stock.
5. The restricted share units vested and were delivered to the reporting person three years from date of grant pursuant to the Plan.
/s/Suzanne Johnson by POA05/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ATMOS ENERGY CORP (ATO) report for Michelle Faulk?

ATMOS ENERGY CORP reported that Vice President & Controller Michelle Faulk had 175 restricted stock units vest into common shares. This compensation event included associated tax withholding and updated her direct and indirect common stock holdings.

How many Atmos Energy (ATO) shares did Michelle Faulk receive from RSU vesting?

Michelle Faulk had 175 restricted stock units convert into 175 common shares. These units vested under the company’s long-term incentive plan and represent equity-based compensation rather than an open-market share purchase.

How many Atmos Energy (ATO) shares were withheld for Michelle Faulk’s taxes?

A total of 70 common shares were withheld to cover tax obligations, using a reference price of $189.74 per share. This reduced the number of newly issued shares she retained from the 175 RSUs that vested.

What are Michelle Faulk’s Atmos Energy (ATO) direct share holdings after this filing?

Following the transactions, Michelle Faulk directly holds 1,201.886 common shares of Atmos Energy. This figure reflects the net result after RSU vesting and the 70-share tax withholding disposition recorded in the filing.

Does Michelle Faulk have indirect Atmos Energy (ATO) holdings through benefit plans?

Yes. The filing shows she indirectly holds 1.4207 common shares through the Atmos Energy Corporation Retirement Savings Plan and Trust and an automatic dividend reinvestment feature, updating end-of-period plan-related holdings.

Was this Atmos Energy (ATO) Form 4 a buy or sell by Michelle Faulk?

The Form 4 reflects equity compensation activity, not an open-market buy or sell. RSUs vested into common shares, and some shares were withheld to cover taxes, a standard mechanism for handling tax obligations on stock-based awards.