8-KLeadership ChangesExhibits & Filings

ATMOS ENERGY CORP 8-K Report, Executive Changes (Sep 16, 2024)

Filed September 16, 2024For Securities:ATO

Summary

Atmos Energy Corporation (ATO) has filed an 8-K report primarily detailing the appointment of two new members to its Board of Directors: Telisa Toliver and Edward Geiser. Both individuals were elected effective September 10, 2024, and their terms will extend until the 2025 annual meeting of shareholders. Their appointments are standard for director roles, and they will be compensated according to the company's existing director plans. In connection with their appointments, both Ms. Toliver and Mr. Geiser are set to receive 1,000 share units on October 1, 2024. These units will vest and be distributed upon their eventual departure from the Board. The company has also filed press releases related to these appointments as exhibits to this 8-K filing.

Key Highlights

  • 1Two new directors, Telisa Toliver and Edward Geiser, have been elected to the Atmos Energy Board.
  • 2Both directors' terms will expire at the 2025 annual meeting of shareholders, scheduled for February 5, 2025.
  • 3New directors will receive compensation and benefits consistent with other board members.
  • 4Each new director will be granted 1,000 share units on October 1, 2024.
  • 5These share units are subject to vesting and distribution upon separation from the Board.
  • 6The company filed press releases as exhibits detailing these board changes.

Frequently Asked Questions

Telisa Toliver and Edward Geiser have been elected to the Board of Directors of Atmos Energy Corporation.

The terms of both Ms. Toliver and Mr. Geiser will expire at the company's 2025 annual meeting of shareholders, scheduled for February 5, 2025.

Ms. Toliver and Mr. Geiser will participate in the applicable compensation and benefit plans offered by the company to its directors. Additionally, they will each receive 1,000 share units on October 1, 2024, which will vest and be distributed upon their separation from the Board.

The share units are part of the compensation for the new directors and are designed to align their interests with long-term shareholder value, as they vest and are distributed upon their departure from the Board.