[Form 4] ATMOS ENERGY CORP Insider Trading Activity
Filing Impact
Filing Sentiment
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 Trade Summary
175 shares exercised/converted
Mixed
4 txns
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)
- 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.
Key Figures
RSUs vested: 175 shares
Shares withheld for taxes: 70 shares
Direct holdings after transaction: 1,201.886 shares
+3 more
6 metrics
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)
Key Terms
Restricted Stock Unit, tax withholding obligation, automatic dividend reinvestment feature, Retirement Savings Plan and Trust, +1 more
5 terms
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.
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.
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.