W. Connally - Feb 5, 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 5, 2025
Transactions value $
-$1,463,951
Form type
4
Date filed
2/7/2025, 05:00 PM
Previous filing
Feb 4, 2025
Next filing
Feb 18, 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 +1.83% $0.00 141K Feb 5, 2025 Direct F1
transaction SO Southern Company Common Stock Tax liability -$105K -1.25K -0.88% $83.87 140K Feb 5, 2025 Direct F2
transaction SO Southern Company Common Stock Award $0 +36.5K +26.06% $0.00 177K Feb 5, 2025 Direct F3
transaction SO Southern Company Common Stock Tax liability -$1.36M -16.2K -9.17% $83.87 161K Feb 5, 2025 Direct F2
holding SO Southern Company Common Stock 14.9K Feb 5, 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 -2.46K -33.34% $0.00 4.92K Feb 5, 2025 Southern Company Common Stock 2.46K $0.00 Direct F4
* 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 first 1/3 of performance restricted stock units granted on January 31, 2024. The Compensation and Talent Development Committee certified performance on February 5, 2025. Includes 90 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Shares acquired upon vesting of performance share units under Company's Performance Share Program for the 2022-2024 award. The Compensation and Talent Development Committee certified performance on February 5, 2025. Includes accrued dividend equivalent units.
F4 Represents first 1/3 of performance restricted stock units granted on January 31, 2024. The remaining award will vest 1/3 in 2026 and 1/3 in 2027. 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.