J. Jeffrey Peoples - 13 Feb 2024 Form 4 Insider Report for SOUTHERN CO (SO)

Signature
/s/ Myra C. Bierria, Attorney-in-Fact for James J. Peoples
Issuer symbol
SO
Transactions as of
13 Feb 2024
Net transactions value
-$24,641
Form type
4
Filing time
14 Feb 2024, 15:03:46 UTC
Previous filing
09 Feb 2024
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Options Exercise $0 +820 +4.5% $0.000000 19,077 13 Feb 2024 Direct F1
transaction SO Southern Company Common Stock Tax liability $24,641 -365 -1.9% $67.51 18,712 13 Feb 2024 Direct F2
holding SO Southern Company Common Stock 7,568 13 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 -758 -50% $0.000000 758 13 Feb 2024 Southern Company Common Stock 758 $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 second 1/3 of restricted stock units granted on February 13, 2022. Includes 62 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents second 1/3 of restricted stock units granted on February 13, 2022. The remaining 1/3 of the award will vest in 2025. 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.