Martin B. Davis - Feb 13, 2024 Form 4 Insider Report for SOUTHERN CO (SO)

Role
EVP and CIO
Signature
/s/ Myra C. Bierria, Attorney-in-Fact for Martin B. Davis
Stock symbol
SO
Transactions as of
Feb 13, 2024
Transactions value $
-$52,523
Form type
4
Date filed
2/14/2024, 04:00 PM
Previous filing
Feb 9, 2024
Next filing
May 2, 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 +1.72K +1.94% $0.00 90.3K Feb 13, 2024 Direct F1
transaction SO Southern Company Common Stock Tax liability -$52.5K -778 -0.86% $67.51 89.6K Feb 13, 2024 Direct F2

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 Performance Restricted Stock Units Options Exercise $0 -1.59K -50% $0.00 1.59K Feb 13, 2024 Southern Company Common Stock 1.59K $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 second 1/3 of performance restricted stock units granted on February 13, 2022. Includes 129 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents second 1/3 of performance 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.