Atmos Energy director awarded phantom stock units
YOHO FRANK H reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
YOHO FRANK H reported acquisition or exercise transactions in this Form 4 filing.
ATMOS ENERGY CORP director Frank H. Yoho received a grant of 920.260 phantom stock units on the company’s common stock. Each phantom unit is equivalent to one share of common stock and was valued at $184.73 per unit for reporting purposes.
After this award, Yoho holds 9,313.2966 phantom stock units. The units were granted under the company’s 1998 Long-Term Incentive Plan and are scheduled to be settled in shares of common stock when his service on the company’s Board ends, making this a non-cash, deferred equity-based compensation grant.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 920.26 | $184.73 | $170K |
Footnotes (2)
- F1. Each unit of phantom stock is equivalent to one share of the Company's common stock.
- F2. 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.
FAQ
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What did Atmos Energy (ATO) director Frank H. Yoho report in this Form 4?
What are the key details of the phantom stock grant to the Atmos Energy (ATO) director?
How many Atmos Energy (ATO) phantom stock units does Frank H. Yoho hold after this transaction?
When will the phantom stock units granted to the Atmos Energy (ATO) director be settled?
Under which plan were the Atmos Energy (ATO) phantom stock units granted to the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.