Sloane N. Drake - 06 Feb 2024 Form 4 Insider Report for SOUTHERN CO (SO)

Role
EVP, CHRO
Signature
/s/ Myra C. Bierria, Attorney-in-Fact for Sloane N. Drake
Issuer symbol
SO
Transactions as of
06 Feb 2024
Net transactions value
-$56,212
Form type
4
Filing time
08 Feb 2024, 16:32:55 UTC
Previous filing
06 Feb 2024
Next filing
15 Mar 2024
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 +1,726 +8.1% $0.000000 22,922 06 Feb 2024 Direct F1
transaction SO Southern Company Common Stock Tax liability $56,212 -834 -3.6% $67.40 22,088 06 Feb 2024 Direct F2
holding SO Southern Company Common Stock 1,897 06 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 -1,657 -25% $0.000000 4,971 06 Feb 2024 Southern Company Common Stock 1,657 $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 the first of 1/3 restricted stock units granted February 6, 2023. Includes 69 accrued dividend equivalents.
F2 Shares withheld to satisfy required state and federal tax withholdings.
F3 Represents first 1/4 of restricted stock units granted on February 6, 2023. The remaining award will vest 1/4 in 2025 and 1/2 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.