David P. Poroch - 01 Feb 2024 Form 4 Insider Report for SOUTHERN CO (SO)

Signature
/s/Myra C. Bierria, Attorney-in-Fact for David P. Poroch
Issuer symbol
SO
Transactions as of
01 Feb 2024
Net transactions value
-$14,594
Form type
4
Filing time
02 Feb 2024, 16:43:33 UTC
Previous filing
18 Jan 2024
Next filing
06 Feb 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 +2.4% $0.000000 29,375 01 Feb 2024 Direct F1
transaction SO Southern Company Common Stock Tax liability $14,594 -207 -0.7% $70.50 29,168 01 Feb 2024 Direct F2
holding SO Southern Company Common Stock 4,620 01 Feb 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% $0.000000 1,310 01 Feb 2024 Southern Company Common Stock 656 $0.000000 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.