QUINN NANCY K 4

What Happened

• Nancy K. Quinn, a director of Atmos Energy Corp. (ATO), was granted 920.26 phantom stock units on March 6, 2026. The filing values the units at $184.73 each for an aggregate grant value of $170,000. The transaction is reported as an award/grant (transaction code A) and is a derivative grant, not an open-market purchase or sale.

Key Details

• Transaction date and terms: 2026-03-06 — 920.26 phantom stock units @ $184.73 per unit; total value $170,000.
• Security type: Derivative (phantom stock units), reported as an award (A).
• Shares owned after transaction: Not disclosed in the filing excerpt provided.
• Filing timeliness: Report filed 2026-03-10 (within the two-business-day Form 4 deadline for a 2026-03-06 transaction).
• 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 Board service.

Context

• Phantom stock units are a form of compensation tied to the company’s share value; they do not represent immediate stock transfers and typically convert to shares or cash upon a future vesting/settlement event (here, settlement is tied to termination of Board service).
• This award reflects director compensation rather than a market-directed buy or sell, so it should be interpreted as part of pay, not necessarily as a trading-driven signal.