Atmos Energy (ATO) Form 4: 191.036 Deferred Compensation Units Added
Rhea-AI Filing Summary
Edward Geiser, a director of Atmos Energy Corp (ATO), reported a grant and holdings of phantom stock units tied to the companys common stock. The filing shows a grant dated 10/01/2025 of 191.036 phantom stock units under the companys deferred compensation election at a reported price of $170.125 per unit. The Form 4 lists total phantom stock units associated with the reporting person as 2,118.0357 and a reported post-transaction holdings figure of 1,109.3077 (as shown in the table). The filing explains that each phantom stock unit equals one share, units are granted under the 1998 Long-Term Incentive Plan, will be settled when the director leaves the Board, and include small allocations from a dividend reinvestment feature (11.11 and 4.82 units noted).
Positive
- Director converted fees into equity-linked compensation: 191.036 phantom units elected for deferred compensation on 10/01/2025
- Alignment with shareholders: Phantom units are equivalent to one share each and are settled in common stock, tying director compensation to stock performance
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Deferred Compensation | 191.036 | $170.125 | $32K |
| holding | Phantom Stock Units | -- | -- | -- |
Footnotes (1)
- Each unit of phantom stock is equivalent to one share of the Company's common stock. 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. Includes 11.11 phantom stock units resulting from a dividend reinvestment feature of the Plan which were allocated to reporting person's account since last filing. The phantom share units were received pursuant to an election to convert a portion of the reporting person's director fees under the Plan and are to be settled upon the reporting person's termination of service on the Company's Board of Directors. Includes 4.82 phantom stock units resulting from the dividend reinvestment feature of the Plan which were allocated to reporting person's account since last filing.