AKERS JOHN K 4
Research Summary
AI-generated summary
Atmos Energy CEO John K. Akers Receives RSU Award (7,760)
What Happened
- John K. Akers, President & CEO and a director of Atmos Energy Corp (ATO), was granted 7,760 restricted share units (RSUs) on 2026-02-03. The grant is reported at an imputed value of $168.06 per share, equal to $1,304,146. This transaction is recorded as an award/acquisition (code A) and is a derivative grant (RSUs), not an open-market purchase.
Key Details
- Transaction date: 2026-02-03; filing date: 2026-02-04 (timely).
- Grant amount and value: 7,760 RSUs at $168.06 each; total value $1,304,146 (derivative award).
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnotes: Each RSU represents a contingent right to one common share (F1). The RSUs vest and will be delivered three years from the grant date under the company’s 1998 Long‑Term Incentive Plan (F2).
- Transaction code: A (award/grant).
Context
- RSUs are compensation awards that convert to company stock only after vesting; they are not an immediate cash purchase or sale. This grant increases the executive’s potential future ownership if vesting conditions are met, but does not reflect an immediate market transaction.