Geiser Edward 4
Research Summary
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Atmos Energy (ATO) Director Edward Geiser Receives Phantom Stock Award
What Happened Edward Geiser, a director of Atmos Energy Corp (ATO), was granted 175.59 phantom stock units on 2026-04-01 at an imputed price of $185.09 per unit, with a total grant value of $32,500. This transaction is reported as a derivative award (code A) — phantom units that track common stock value rather than an immediate share purchase.
Key Details
- Transaction date and terms: 2026-04-01; 175.59 phantom stock units at $185.09/unit; total value $32,500.
- Transaction type: Award/grant of phantom stock units (derivative), not an open-market purchase or sale.
- Settlement: Units are phantom (each equals one share) and are to be settled in accordance with the 1998 Long-Term Incentive Plan upon the reporting person's termination of Board service (see F1, F2, F4).
- Additional allocations: The reported amount includes units allocated via dividend reinvestment (11.55 units noted in F3 and 7.10 units noted in F5) and portions received via an election to convert director fees under the Plan (F4).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Report filed 2026-04-02 for a 2026-04-01 transaction — filed promptly and not indicated as late.
Context Phantom stock units are a form of deferred/director compensation that mirror the economic value of common shares but do not represent immediate share ownership or an open‑market purchase. Such awards are routine for non-employee directors and do not by themselves indicate a buy/sell signal. They will convert to an equity payout (or equivalent) per the Plan when settled.