Atmos Energy Corp DEF 14A: Executive Compensation Details

Ticker: ATO · Form: DEF 14A · Filed: Dec 20, 2024 · CIK: 731802

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

Related Tickers: ATMO

TL;DR

Atmos Energy DEF 14A out: Exec comp details for FY25, check out 'PeoMember' equity awards.

AI Summary

Atmos Energy Corp filed a DEF 14A on December 20, 2024, for the fiscal year ending September 30, 2025. The filing details executive compensation and other corporate governance matters. Key figures related to compensation for the fiscal year 2023 include aggregated pension values and equity awards granted to "PeoMember".

Why It Matters

This filing provides shareholders with crucial information regarding how executive compensation is structured and awarded, impacting corporate governance and investor confidence.

Risk Assessment

Risk Level: medium — DEF 14A filings can reveal details about executive compensation and corporate governance that may impact stock valuation and investor sentiment.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by companies to solicit proxies from shareholders for annual or special meetings and provides detailed information on matters to be voted upon, including executive compensation, director elections, and other corporate governance issues.

Who is the filer of this DEF 14A?

The filer of this DEF 14A is ATMOS ENERGY CORP, with Central Index Key 0000731802.

What is the fiscal year end for Atmos Energy Corp?

The fiscal year end for Atmos Energy Corp is September 30 (0930).

When was this DEF 14A filing submitted?

This DEF 14A filing was submitted on December 20, 2024 (20241220).

What specific compensation-related data points are mentioned for the fiscal year 2023?

The filing mentions aggregated pension values, equity awards granted, and changes in the fair value of outstanding equity awards for 'PeoMember' during the fiscal year 2023 (2023-10-01 to 2024-09-30).

Filing Stats: 4,396 words · 18 min read · ~15 pages · Grade level 16.3 · Accepted 2024-12-20 16:06:54

Key Financial Figures

Filing Documents

Executive Compensation

Executive Compensation 37 Compensation Discussion & Analysis 38 Executive Summary 38

Executive Compensation Program Objectives and Strategy

Executive Compensation Program Objectives and Strategy 42 202 4 Elements of Compensation 43 Compensation Decision Process 47 Compensation Policies and Practices 50 Human Resources Committee Report 50 Named Executive Officer Compensation and Related Matters 51 Summary of Cash and Other Compensation 51 Grants of Plan-Based Awards 53 Outstanding Equity Awards 54 Vested Common Stock 55 Retirement Plans 56 Retirement Plans Tables 57 Change in Control Severance Agreements 58 Potential Payments Upon Termination or Change in Control 58 CEO Pay Ratio 63 Pay versus Performance 64 Beneficial Ownership of Common Stock 68

Security Ownership of Certain Beneficial Owners

Security Ownership of Certain Beneficial Owners 68

Security Ownership of Directors, Nominees, and Executive Officers

Security Ownership of Directors, Nominees, and Executive Officers 69 Information About the Annual Meeting 70 Proxy Solicitation 71 Shareholder Proposals for the 202 6 Annual Meeting 71 Annual Report 72 Other Business 72 Appendix A: Atmos Energy Corporation 1998 Long-Term Incentive Plan , as amended November 6, 2024 A-1 2 Atmos Energy Notice of Annual Meeting of Shareholders 2025 Annual Meeting Information MEETING DATE AND TIME: February 5, 2025 9:00 a.m. (Central) VIRTUAL MEETING LOCATION: Webcast at www.virtualshareholder meeting.com/ATO2025 RECORD DATE: December 13, 2024 Annual Meeting Business Atmos Energy Corporation's annual meeting of shareholders will be held February 5, 2025 to: 1 Page 9 2 Page 31 3 Page 35 4 Page 37 Elect the 11 directors named in the proxy statement for one-year terms expiring in 2026 Approve an amendment to the Company's 1998 Long-Term Incentive Plan ("LTIP") to provide for an increase of 2,000,000 shares of common stock reserved for issuance under the plan Ratify the Audit Committee's appointment of Ernst & Young LLP ("Ernst & Young" or "E&Y") to serve as the Company's independent registered public accounting firm for fiscal 2025 Approve, on an advisory basis, the compensation of the named executive officers of the Company for fiscal 2024 ("Say-on-Pay") Board recommends "FOR" each director Board recommends "FOR" Board recommends "FOR" Board recommends "FOR" In addition to the above matters, we will transact any other business that is properly brought before the shareholders at the annual meeting. Attending and Voting at the Annual Meeting There will be no physical location for the annual meeting. Shareholders may attend, vote, examine the list of shareholders entitled to vote at the annual meeting, and ask questions at the meeting only by logging in at www.virtualshareholdermeeting.com/ATO2025 . To participate, you will need your unique control number included on your proxy card or

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