James Y. Kerr II - 05 Feb 2025 Form 4 Insider Report for SOUTHERN CO (SO)

Role
Chairman, President & CEO, GAS
Signature
/s/ J. Patrick Becker, Attorney-in-Fact for James Y. Kerr, II
Issuer symbol
SO
Transactions as of
05 Feb 2025
Net transactions value
-$1,520,647
Form type
4
Filing time
07 Feb 2025, 17:00:04 UTC
Previous filing
04 Feb 2025
Next filing
18 Feb 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 +3,295 +2.2% $0.000000 150,162 05 Feb 2025 Direct F1
transaction SO Southern Company Common Stock Tax liability $123,457 -1,472 -0.98% $83.87 148,690 05 Feb 2025 Direct F2
transaction SO Southern Company Common Stock Award $0 +37,317 +25% $0.000000 186,007 05 Feb 2025 Direct F3
transaction SO Southern Company Common Stock Tax liability $1,397,190 -16,659 -9% $83.87 169,348 05 Feb 2025 Direct F2
holding SO Southern Company Common Stock 32,802 05 Feb 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 Southern Co Restricted Stock Units Options Exercise $0 -3,179 -33% $0.000000 6,358 05 Feb 2025 Southern Company Common Stock 3,179 $0.000000 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 116 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.