COMPTON KELLY H 4

What Happened

• Kelly H. Compton, a director of Atmos Energy Corp. (ATO), received a grant of 920 restricted share units (RSUs) on 2026-03-06 valued at $184.73 each (total ~$169,952). On 2026-03-07, 1,082 derivative units were converted/exercised into common shares at $184.73 each (value ~$199,878). A related line shows the derivative units were extinguished/disposed with $0 proceeds, which reflects conversion/vesting rather than a market sale. These transactions are awards/vests and conversions — not open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2026-03-06: Grant of 920 RSUs @ $184.73 — value $169,952 (derivative award).
  • 2026-03-07: Exercise/conversion of 1,082 derivative units @ $184.73 — value $199,878 (acquired).
  • 2026-03-07: Corresponding disposal of 1,082 derivative units @ $0.00 (reflects conversion/vesting, not a sale).
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Footnotes from the filing:
  • F1: Each restricted share unit represents a contingent right to receive one share of common stock.
  • F2: The RSUs were granted under the 1998 Long-Term Incentive Plan and vest one year from grant.
  • F3: The restricted share units vested and were delivered to the reporting person one year from the date of grant.
• Filing date vs. transaction dates: Period of report shows 2026-03-06; the Form 4 was filed 2026-03-10. The filing covers transactions on 3/6–3/7; check the full Form 4 for any timeliness flag.

Context

• These were award and conversion/vesting transactions (RSUs converting to shares). The $0.00 disposal line is typical when derivative units are converted into underlying shares and does not indicate a sale or proceeds to the insider.
• Awards and vesting are routine forms of compensation and do not, by themselves, indicate an intent to buy or sell stock.