David P. Poroch - Feb 1, 2024 Form 4 Insider Report for SOUTHERN CO (SO)

Role
Comptroller
Signature
/s/Myra C. Bierria, Attorney-in-Fact for David P. Poroch
Stock symbol
SO
Transactions as of
Feb 1, 2024
Transactions value $
-$14,594
Form type
4
Date filed
2/2/2024, 04:43 PM
Previous filing
Jan 18, 2024
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Options Exercise $0 +684 +2.38% $0.00 29.4K Feb 1, 2024 Direct F1
transaction SO Southern Company Common Stock Tax liability -$14.6K -207 -0.7% $70.50 29.2K Feb 1, 2024 Direct F2
holding SO Southern Company Common Stock 4.62K Feb 1, 2024 401K

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 -656 -33.37% $0.00 1.31K Feb 1, 2024 Southern Company Common Stock 656 $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 first 1/3 of restricted stock units granted on February 1, 2023. Includes 28 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents first 1/3 of restricted stock units granted on February 1, 2023. The remaining award will vest 1/3 in 2025 and 1/3 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.