[Form 4] The Southern Company Insider Trading Activity
Southern Company (SO) 鈥� Form 4 insider filing submitted on 07/02/2025 shows that Director Donald M. James acquired 460.455 Deferred Stock Units (DSUs) on 07/01/2025 through the issuer鈥檚 Deferred Compensation Plan. The grant carries no cash consideration, exercise price, or expiration date and will convert into common stock only upon the director鈥檚 separation from service.
After the transaction, James holds 197,009.7629 DSUs tied to Southern Company common shares. The filing reports no open-market purchases or sales of non-derivative stock, suggesting the activity is a routine compensation accrual rather than a discretionary investment decision.
Given the company鈥檚 ~1.1 billion shares outstanding, the additional units represent a de-minimis ownership change (<0.01 % of shares outstanding) and is unlikely to influence the stock鈥檚 trading dynamics. Nonetheless, the disclosure highlights continued alignment of board compensation with shareholder value.
Southern Company (SO) 鈥� Comunicazione interna Form 4 presentata il 02/07/2025 mostra che il Direttore Donald M. James ha acquisito 460.455 Unit脿 di Azioni Differite (DSU) il 01/07/2025 tramite il Piano di Compensazione Differita dell'emittente. La concessione non prevede alcun corrispettivo in denaro, prezzo di esercizio o data di scadenza e si convertir脿 in azioni ordinarie solo al momento della cessazione del servizio del direttore.
Dopo la transazione, James detiene 197.009,7629 DSU legate alle azioni ordinarie di Southern Company. La comunicazione non segnala acquisti o vendite sul mercato aperto di azioni non derivate, suggerendo che l鈥檕perazione sia un normale accantonamento di compensi piuttosto che una decisione di investimento discrezionale.
Considerando che la societ脿 ha circa 1,1 miliardi di azioni in circolazione, le unit脿 aggiuntive rappresentano un cambiamento di propriet脿 de minimis (<0,01% delle azioni in circolazione) e difficilmente influenzeranno la dinamica di mercato del titolo. Tuttavia, la comunicazione evidenzia il continuo allineamento della remunerazione del consiglio con il valore per gli azionisti.
Southern Company (SO) 鈥� Presentaci贸n interna Formulario 4 presentada el 02/07/2025 muestra que el Director Donald M. James adquiri贸 460.455 Unidades Diferidas de Acciones (DSUs) el 01/07/2025 a trav茅s del Plan de Compensaci贸n Diferida del emisor. La concesi贸n no implica contraprestaci贸n en efectivo, precio de ejercicio ni fecha de vencimiento y se convertir谩 en acciones ordinarias solo al momento de la separaci贸n del director del servicio.
Tras la transacci贸n, James posee 197,009.7629 DSUs vinculadas a acciones ordinarias de Southern Company. La presentaci贸n no reporta compras o ventas en el mercado abierto de acciones no derivadas, lo que sugiere que la actividad es una acumulaci贸n rutinaria de compensaci贸n y no una decisi贸n de inversi贸n discrecional.
Dado que la compa帽铆a tiene aproximadamente 1.1 mil millones de acciones en circulaci贸n, las unidades adicionales representan un cambio de propiedad de minimis (<0.01% de las acciones en circulaci贸n) y es poco probable que influya en la din谩mica de negociaci贸n de la acci贸n. No obstante, la divulgaci贸n resalta la continua alineaci贸n de la compensaci贸n del consejo con el valor para los accionistas.
Southern Company (SO) 鈥� 雮措秬鞛� 氤搓碃靹� Form 4臧� 2025雲� 7鞗� 2鞚� 鞝滌稖霅橃棃鞙茧┌, 鞚� 氤搓碃靹滌棎 霐半ゴ氅� 鞚挫偓 Donald M. James臧� 2025雲� 7鞗� 1鞚� 氚滍枆靷潣 鞚挫棸氤挫儊瓿勴殟鞚� 韱淀暣 460,455臧滌潣 鞚挫棸欤检嫕雼渼(DSU)毳� 旆摑頄堨姷雼堧嫟. 鞚� 攵�鞐姅 順勱笀 雽�臧�, 頄夓偓 臧�瓴�, 毵岆鞚检澊 鞐嗢溂氅�, 鞚挫偓臧� 韲挫瀯頃� 霑岇棎毵� 氤错喌欤茧 鞝勴櫂霅╇媹雼�.
瓯半灅 頉� James電� Southern Company 氤错喌欤检棎 鞐瓣硠霅� 197,009.7629 DSU毳� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 鞚� 氤搓碃靹滌棎電� 牍勴寣靸� 欤检嫕鞐� 雽�頃� 鞁滌灔 雮� 毵るГ 雮挫棴鞚� 鞐嗢潓鞚� 氤搓碃頃橃棳, 鞚措姅 鞛勳潣 韴瀽 瓴办爼鞚� 鞎勲媽 氤挫儊 鞝侂鞚� 鞚柬櫂鞛勳潉 鞁滌偓頃╇媹雼�.
須岇偓鞚� 氚滍枆 欤检嫕 靾橁皜 鞎� 11鞏� 欤检瀯鞚� 臧愳晥頃� 霑�, 於旉皜 雼渼電� 氙鸽顷�(诲别-尘颈苍颈尘颈蝉) 靻岇湢甓� 氤�霃�(<0.01% 氚滍枆 欤检嫕)鞙茧 欤缄皜 瓯半灅鞐� 氙胳箻電� 鞓來枼鞚� 瓯办潣 鞐嗢潉 瓴冹溂搿� 氤挫瀰雼堧嫟. 攴鸽熂鞐愲弰 攵堦惮頃橁碃 鞚� 瓿奠嫓電� 鞚挫偓須� 氤挫儊瓿� 欤检＜ 臧�旃橃潣 歆�靻嶌爜鞚� 鞚检箻毳� 臧曥“頃╇媹雼�.
Southern Company (SO) 鈥� D茅claration d鈥檌niti茅 Formulaire 4 soumise le 02/07/2025 indique que le Directeur Donald M. James a acquis le 01/07/2025 460 455 unit茅s d鈥檃ctions diff茅r茅es (DSU) via le Plan de r茅mun茅ration diff茅r茅e de l鈥櫭﹎etteur. Cette attribution ne comporte ni contrepartie en esp猫ces, ni prix d鈥檈xercice, ni date d鈥檈xpiration et ne sera convertie en actions ordinaires qu鈥檃u d茅part du directeur.
Apr猫s la transaction, James d茅tient 197 009,7629 DSU li茅es aux actions ordinaires de Southern Company. La d茅claration ne rapporte aucun achat ou vente sur le march茅 libre d鈥檃ctions non d茅riv茅es, sugg茅rant qu鈥檌l s鈥檃git d鈥檜ne simple accumulation de r茅mun茅ration plut么t que d鈥檜ne d茅cision d鈥檌nvestissement discr茅tionnaire.
Compte tenu des environ 1,1 milliard d鈥檃ctions en circulation, ces unit茅s suppl茅mentaires repr茅sentent un changement de propri茅t茅 de minimis (<0,01 % des actions en circulation) et sont peu susceptibles d鈥檌nfluencer la dynamique de n茅gociation du titre. N茅anmoins, cette divulgation souligne l鈥檃lignement continu de la r茅mun茅ration du conseil avec la valeur pour les actionnaires.
Southern Company (SO) 鈥� Insider-Meldung Form 4 eingereicht am 02.07.2025 zeigt, dass Direktor Donald M. James am 01.07.2025 460.455 aufgeschobene Aktien-Einheiten (DSUs) 眉ber den aufgeschobenen Verg眉tungsplan des Emittenten erworben hat. Die Zuteilung erfordert keine Barzahlung, Aus眉bungspreis oder Ablaufdatum und wird erst bei Ausscheiden des Direktors in Stammaktien umgewandelt.
Nach der Transaktion h盲lt James 197.009,7629 DSUs, die an Stammaktien der Southern Company gebunden sind. Die Meldung verzeichnet keine K盲ufe oder Verk盲ufe am offenen Markt von nicht-derivativen Aktien, was darauf hindeutet, dass es sich um eine routinem盲脽ige Verg眉tungsanrechnung und nicht um eine diskretion盲re Investitionsentscheidung handelt.
Angesichts von rund 1,1 Milliarden ausstehenden Aktien stellen die zus盲tzlichen Einheiten eine de-minimis-Eigentums盲nderung (<0,01 % der ausstehenden Aktien) dar und d眉rften die Handelsdynamik der Aktie kaum beeinflussen. Dennoch unterstreicht die Offenlegung die fortgesetzte Ausrichtung der Vorstandsverg眉tung am Aktion盲rswert.
- None.
- None.
Insights
TL;DR 鈥� Routine deferred-comp grant; negligible economic size and neutral market signal.
The 460-unit DSU addition increases James鈥� derivative holdings by only 0.23 %, leaving his ownership at roughly 197k units. Because the award is automatic under the deferred compensation program and involves no cash outlay, it does not carry the information content typically associated with open-market insider buying. From a valuation standpoint, the share count impact is immaterial relative to Southern Company鈥檚 large float, so I assign a neutral rating.
TL;DR 鈥� Standard board compensation disclosure; reinforces alignment but not impactful.
The filing confirms that Southern continues to settle portions of director fees in DSUs, deferring delivery until service ends. Such structures are viewed favorably by governance observers because they foster long-term alignment. However, the small incremental award and automatic nature mean the disclosure should not alter investors鈥� perception of the company鈥檚 governance profile or risk outlook. Overall impact is neutral.
Southern Company (SO) 鈥� Comunicazione interna Form 4 presentata il 02/07/2025 mostra che il Direttore Donald M. James ha acquisito 460.455 Unit脿 di Azioni Differite (DSU) il 01/07/2025 tramite il Piano di Compensazione Differita dell'emittente. La concessione non prevede alcun corrispettivo in denaro, prezzo di esercizio o data di scadenza e si convertir脿 in azioni ordinarie solo al momento della cessazione del servizio del direttore.
Dopo la transazione, James detiene 197.009,7629 DSU legate alle azioni ordinarie di Southern Company. La comunicazione non segnala acquisti o vendite sul mercato aperto di azioni non derivate, suggerendo che l鈥檕perazione sia un normale accantonamento di compensi piuttosto che una decisione di investimento discrezionale.
Considerando che la societ脿 ha circa 1,1 miliardi di azioni in circolazione, le unit脿 aggiuntive rappresentano un cambiamento di propriet脿 de minimis (<0,01% delle azioni in circolazione) e difficilmente influenzeranno la dinamica di mercato del titolo. Tuttavia, la comunicazione evidenzia il continuo allineamento della remunerazione del consiglio con il valore per gli azionisti.
Southern Company (SO) 鈥� Presentaci贸n interna Formulario 4 presentada el 02/07/2025 muestra que el Director Donald M. James adquiri贸 460.455 Unidades Diferidas de Acciones (DSUs) el 01/07/2025 a trav茅s del Plan de Compensaci贸n Diferida del emisor. La concesi贸n no implica contraprestaci贸n en efectivo, precio de ejercicio ni fecha de vencimiento y se convertir谩 en acciones ordinarias solo al momento de la separaci贸n del director del servicio.
Tras la transacci贸n, James posee 197,009.7629 DSUs vinculadas a acciones ordinarias de Southern Company. La presentaci贸n no reporta compras o ventas en el mercado abierto de acciones no derivadas, lo que sugiere que la actividad es una acumulaci贸n rutinaria de compensaci贸n y no una decisi贸n de inversi贸n discrecional.
Dado que la compa帽铆a tiene aproximadamente 1.1 mil millones de acciones en circulaci贸n, las unidades adicionales representan un cambio de propiedad de minimis (<0.01% de las acciones en circulaci贸n) y es poco probable que influya en la din谩mica de negociaci贸n de la acci贸n. No obstante, la divulgaci贸n resalta la continua alineaci贸n de la compensaci贸n del consejo con el valor para los accionistas.
Southern Company (SO) 鈥� 雮措秬鞛� 氤搓碃靹� Form 4臧� 2025雲� 7鞗� 2鞚� 鞝滌稖霅橃棃鞙茧┌, 鞚� 氤搓碃靹滌棎 霐半ゴ氅� 鞚挫偓 Donald M. James臧� 2025雲� 7鞗� 1鞚� 氚滍枆靷潣 鞚挫棸氤挫儊瓿勴殟鞚� 韱淀暣 460,455臧滌潣 鞚挫棸欤检嫕雼渼(DSU)毳� 旆摑頄堨姷雼堧嫟. 鞚� 攵�鞐姅 順勱笀 雽�臧�, 頄夓偓 臧�瓴�, 毵岆鞚检澊 鞐嗢溂氅�, 鞚挫偓臧� 韲挫瀯頃� 霑岇棎毵� 氤错喌欤茧 鞝勴櫂霅╇媹雼�.
瓯半灅 頉� James電� Southern Company 氤错喌欤检棎 鞐瓣硠霅� 197,009.7629 DSU毳� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 鞚� 氤搓碃靹滌棎電� 牍勴寣靸� 欤检嫕鞐� 雽�頃� 鞁滌灔 雮� 毵るГ 雮挫棴鞚� 鞐嗢潓鞚� 氤搓碃頃橃棳, 鞚措姅 鞛勳潣 韴瀽 瓴办爼鞚� 鞎勲媽 氤挫儊 鞝侂鞚� 鞚柬櫂鞛勳潉 鞁滌偓頃╇媹雼�.
須岇偓鞚� 氚滍枆 欤检嫕 靾橁皜 鞎� 11鞏� 欤检瀯鞚� 臧愳晥頃� 霑�, 於旉皜 雼渼電� 氙鸽顷�(诲别-尘颈苍颈尘颈蝉) 靻岇湢甓� 氤�霃�(<0.01% 氚滍枆 欤检嫕)鞙茧 欤缄皜 瓯半灅鞐� 氙胳箻電� 鞓來枼鞚� 瓯办潣 鞐嗢潉 瓴冹溂搿� 氤挫瀰雼堧嫟. 攴鸽熂鞐愲弰 攵堦惮頃橁碃 鞚� 瓿奠嫓電� 鞚挫偓須� 氤挫儊瓿� 欤检＜ 臧�旃橃潣 歆�靻嶌爜鞚� 鞚检箻毳� 臧曥“頃╇媹雼�.
Southern Company (SO) 鈥� D茅claration d鈥檌niti茅 Formulaire 4 soumise le 02/07/2025 indique que le Directeur Donald M. James a acquis le 01/07/2025 460 455 unit茅s d鈥檃ctions diff茅r茅es (DSU) via le Plan de r茅mun茅ration diff茅r茅e de l鈥櫭﹎etteur. Cette attribution ne comporte ni contrepartie en esp猫ces, ni prix d鈥檈xercice, ni date d鈥檈xpiration et ne sera convertie en actions ordinaires qu鈥檃u d茅part du directeur.
Apr猫s la transaction, James d茅tient 197 009,7629 DSU li茅es aux actions ordinaires de Southern Company. La d茅claration ne rapporte aucun achat ou vente sur le march茅 libre d鈥檃ctions non d茅riv茅es, sugg茅rant qu鈥檌l s鈥檃git d鈥檜ne simple accumulation de r茅mun茅ration plut么t que d鈥檜ne d茅cision d鈥檌nvestissement discr茅tionnaire.
Compte tenu des environ 1,1 milliard d鈥檃ctions en circulation, ces unit茅s suppl茅mentaires repr茅sentent un changement de propri茅t茅 de minimis (<0,01 % des actions en circulation) et sont peu susceptibles d鈥檌nfluencer la dynamique de n茅gociation du titre. N茅anmoins, cette divulgation souligne l鈥檃lignement continu de la r茅mun茅ration du conseil avec la valeur pour les actionnaires.
Southern Company (SO) 鈥� Insider-Meldung Form 4 eingereicht am 02.07.2025 zeigt, dass Direktor Donald M. James am 01.07.2025 460.455 aufgeschobene Aktien-Einheiten (DSUs) 眉ber den aufgeschobenen Verg眉tungsplan des Emittenten erworben hat. Die Zuteilung erfordert keine Barzahlung, Aus眉bungspreis oder Ablaufdatum und wird erst bei Ausscheiden des Direktors in Stammaktien umgewandelt.
Nach der Transaktion h盲lt James 197.009,7629 DSUs, die an Stammaktien der Southern Company gebunden sind. Die Meldung verzeichnet keine K盲ufe oder Verk盲ufe am offenen Markt von nicht-derivativen Aktien, was darauf hindeutet, dass es sich um eine routinem盲脽ige Verg眉tungsanrechnung und nicht um eine diskretion盲re Investitionsentscheidung handelt.
Angesichts von rund 1,1 Milliarden ausstehenden Aktien stellen die zus盲tzlichen Einheiten eine de-minimis-Eigentums盲nderung (<0,01 % der ausstehenden Aktien) dar und d眉rften die Handelsdynamik der Aktie kaum beeinflussen. Dennoch unterstreicht die Offenlegung die fortgesetzte Ausrichtung der Vorstandsverg眉tung am Aktion盲rswert.
FAQ
What did Director Donald M. James report in Southern Company鈥檚 (SO) Form 4?
How many Southern Company shares does James now beneficially own?
Was any cash paid for the Deferred Stock Units?
Does the filing include open-market purchases or sales?
When will the DSUs convert into Southern Company common stock?
What is the transaction date disclosed in the Form 4?
