W. Connally - Feb 1, 2025 Form 4 Insider Report for SOUTHERN CO (SO)

Role
EVP & COO
Signature
/s/ J. Patrick Becker, Attorney-in-Fact for Stanley W. Connally, Jr.
Stock symbol
SO
Transactions as of
Feb 1, 2025
Transactions value $
-$100,824
Form type
4
Date filed
2/4/2025, 03:00 PM
Previous filing
Jan 8, 2025
Next filing
Feb 7, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Options Exercise $0 +2.55K +1.85% $0.00 140K Feb 1, 2025 Direct F1
transaction SO Southern Company Common Stock Tax liability -$101K -1.2K -0.86% $83.95 139K Feb 1, 2025 Direct F2
holding SO Southern Company Common Stock 14.9K Feb 1, 2025 401(k)

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 SO Performance Restricted Stock Units Options Exercise $0 -2.36K -49.99% $0.00 2.36K Feb 1, 2025 Southern Company Common Stock 2.36K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon vesting of second 1/3 of performance restricted stock units granted on February 1, 2023. Includes 188 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents second 1/3 of performance restricted stock units granted on February 1, 2023. The remaining award will vest in 2026. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.