Martin B. Davis - Jun 1, 2023 Form 4 Insider Report for SOUTHERN CO (SO)

Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Martin B. Davis
Stock symbol
SO
Transactions as of
Jun 1, 2023
Transactions value $
-$100,436
Form type
4
Date filed
6/2/2023, 04:43 PM
Previous filing
May 2, 2023
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Sale -$100K -1.44K -1.9% $69.99 74.2K Jun 1, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).