Coogler Mitzi H 4
Research Summary
AI-generated summary
Atmos Energy (ATO) Director Mitzi H. Coogler Receives Phantom Stock Award
What Happened
- Mitzi H. Coogler, a director of Atmos Energy Corp (ATO), received a grant of 920.26 phantom stock units on 2026-03-06. The filing reports a per-unit value of $184.73, for a total grant value of $170,000. This is an award (grant) of deferred/phantom equity rather than a cash purchase or open-market trade.
Key Details
- Transaction date: 2026-03-06; Filed with SEC: 2026-03-10 (within the two-business-day Form 4 window).
- Grant size: 920.26 phantom units; reported per-unit value: $184.73; total reported value: $170,000.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes:
- F1: Each phantom stock unit equals one share of the company’s common stock.
- F2: Units were granted under the 1998 Long-Term Incentive Plan and will be settled upon the reporting person’s termination of Board service.
- Transaction code: A (award/grant); this is a derivative award (phantom stock).
Context
- Phantom stock units are a deferred form of equity that typically convert to cash or actual shares at a future settlement event (here, upon termination of board service). Such grants are common for non-employee directors as part of long-term compensation and do not by themselves indicate buying or selling intent.