TOLIVER TELISA 4

What Happened
Telisa Toliver, a director of Atmos Energy Corp (ATO), was granted 920.26 phantom stock units on 2026-03-06. The units are reported at an underlying price of $184.73 each, for a grant value of $170,000. This was an award (derivative grant), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-06; Form 4 filed 2026-03-10 (timely filing).
• Grant: 920.26 phantom stock units at $184.73 per unit; total reported value $170,000. (Transaction code A = award/grant.)
• Shares owned after transaction: not specified in the filing.
• Footnotes: (1) Each phantom stock unit equals one share of common stock. (2) Units were granted under the 1998 Long‑Term Incentive Plan and are to be settled upon Toliver’s termination of service on the Board.

Context
Phantom stock units are a form of deferred compensation that mirror the value of company shares but do not represent current voting stock — they will be settled into shares or cash later (here, upon termination of Board service). Such awards are routine for directors and do not reflect an immediate market purchase or sale.