JOHN K. AKERS - 02 May 2025 Form 4 Insider Report for ATMOS ENERGY CORP (ATO)

Role: PRESIDENT & CEO, Director
Signature: /s/Suzanne Johnson by POA
Issuer symbol: ATO
Transactions as of: 02 May 2025
Net transactions value: +$1,127,477
Form type: 4
Filing time: 05 May 2025, 16:27:40 UTC
Previous filing: 05 Feb 2025
Next filing: 05 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
AKERS JOHN K	PRESIDENT & CEO, Director	5430 LBJ FREEWAY, DALLAS	/s/Suzanne Johnson by POA	05 May 2025	0001693925

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ATO	Common Stock	Options Exercise	$1,789,697	+11,140	+11%	$160.66	109,898	02 May 2025	Direct
transaction	ATO	Common Stock	Tax liability	$662,220	-4,122	-3.8%	$160.66	105,776	02 May 2025	Direct	F1
holding	ATO	Common Stock						12,894	02 May 2025	By Retirement Savings Plan and Trust	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ATO	Restricted Stock Unit	Options Exercise	$0	-11,140	-24%	$0.000000	35,455	02 May 2025	Common Stock	11,140		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld pursuant to a tax withholding obligation under the 1998 Long-Term Incentive Plan (the "Plan".)
F2	To update end of period holdings as of May 1, 2025, under the Atmos Energy Corporation Retirement Savings Plan and Trust.
F3	Each restricted share unit represents a contingent right to receive one share of the Company's common stock.
F4	The restricted stock units vested and were delivered to the reporting person three years from date of grant pursuant to the Plan.