DONOHUE SEAN 4

What Happened Sean Donohue, a director of Atmos Energy Corporation (ATO), was granted 920.26 phantom stock units on March 6, 2026. The grant is reported at an imputed price of $184.73 per unit for a total value of $170,000. This was an award/grant (transaction code A) of derivative phantom stock units, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-10.
• Award: 920.26 phantom stock units at $184.73 per unit; total reported value $170,000.
• Transaction type: Grant/Award (derivative units), transaction code A.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Each phantom stock unit equals one share of common stock.
  • F2: Units granted under the 1998 Long‑Term Incentive Plan and are to be settled upon the reporting person's termination of service on the Board.
• No 10b5‑1 plan, tax‑withholding sale, or late‑filing flag was indicated in the reported filing.

Context Phantom stock units are a form of deferred/derivative compensation that typically convert to (or pay out like) common shares when certain conditions are met (here, settlement occurs upon board service termination). Because this is a compensation grant rather than an open‑market purchase, it should be read as part of director pay practices rather than a direct market sentiment signal.