[Form 4] The Southern Company Insider Trading Activity
Southern Company (SO) Form 4 filing dated 07/02/2025 details insider activity by director John D. Johns. On 07/01/2025, Johns acquired 460.455 Deferred Stock Units (DSUs) under the company鈥檚 Deferred Compensation Plan at an indicative price of $92.30, bringing his total DSU balance to 83,849.1942 units. Because DSUs settle in stock only upon termination, they represent a long-term alignment mechanism rather than an immediately exercisable option. The filing also shows 60 common shares held directly and 670 shares held indirectly via his spouse; no open-market purchases or sales of common shares were reported. The transaction is routine compensation-related and does not alter Johns鈥檚 board status. Market impact is expected to be minimal given the small relative size (鈮�$42 k) compared with Southern Company鈥檚 ~$80 bn market capitalization.
La dichiarazione Form 4 di Southern Company (SO) datata 02/07/2025 riporta l'attivit脿 interna del direttore John D. Johns. Il 01/07/2025, Johns ha acquisito 460,455 Unit脿 Azionarie Differite (DSU) nell'ambito del Piano di Compensazione Differita della societ脿, a un prezzo indicativo di 92,30 dollari, portando il suo saldo totale di DSU a 83.849,1942 unit脿. Poich茅 le DSU vengono liquidate in azioni solo al termine del rapporto, rappresentano un meccanismo di allineamento a lungo termine piuttosto che un'opzione immediatamente esercitabile. La dichiarazione mostra inoltre 60 azioni ordinarie detenute direttamente e 670 azioni detenute indirettamente tramite la moglie; non sono stati segnalati acquisti o vendite di azioni ordinarie sul mercato aperto. La transazione 猫 di routine e legata alla compensazione, senza modificare lo status di Johns nel consiglio di amministrazione. L'impatto sul mercato 猫 previsto minimo, dato il valore relativo contenuto (circa 42 mila dollari) rispetto alla capitalizzazione di mercato di Southern Company, pari a circa 80 miliardi di dollari.
La presentaci贸n del Formulario 4 de Southern Company (SO) con fecha 02/07/2025 detalla la actividad interna del director John D. Johns. El 01/07/2025, Johns adquiri贸 460.455 Unidades de Acciones Diferidas (DSU) bajo el Plan de Compensaci贸n Diferida de la empresa a un precio indicativo de $92.30, elevando su saldo total de DSU a 83,849.1942 unidades. Dado que las DSU se liquidan en acciones solo al t茅rmino del empleo, representan un mecanismo de alineaci贸n a largo plazo y no una opci贸n ejercitable de inmediato. La presentaci贸n tambi茅n muestra 60 acciones comunes en propiedad directa y 670 acciones en propiedad indirecta a trav茅s de su c贸nyuge; no se reportaron compras ni ventas en el mercado abierto. La transacci贸n es rutinaria y relacionada con la compensaci贸n, y no altera el estatus de Johns en la junta directiva. Se espera un impacto m铆nimo en el mercado, dado el tama帽o relativo peque帽o (鈮�$42 mil) en comparaci贸n con la capitalizaci贸n de mercado de Southern Company, que es aproximadamente $80 mil millones.
Southern Company (SO)鞚� 2025雲� 7鞗� 2鞚检瀽 Form 4 鞝滌稖靹滌棎電� 鞚挫偓 John D. Johns鞚� 雮措秬鞛� 瓯半灅 雮挫棴鞚� 靸侅劯頌� 旮半霅橃柎 鞛堨姷雼堧嫟. 2025雲� 7鞗� 1鞚�, Johns電� 須岇偓鞚� 鞚挫棸 氤挫儊 瓿勴殟鞐� 霐半澕 響滌嫓 臧�瓴� $92.30鞐� 460.455臧滌潣 鞚挫棸 欤检嫕 雼渼(DSU)毳� 旆摑頃橃棳 齑� DSU 鞛旍暋鞚� 83,849.1942 雼渼搿� 電橂牳鞀惦媹雼�. DSU電� 韲挫 鞁滌棎毵� 欤检嫕鞙茧 鞝曥偘霅橂瘈搿� 歃夓嫓 頄夓偓 臧�電ロ暅 鞓奠厴鞚� 鞎勲媹霛� 鞛リ赴鞝侅澑 鞚错暣甏�瓿� 鞚检箻 靾橂嫧鞛呺媹雼�. 鞝滌稖靹滌棎電� 歆侅爲 氤挫湢頃� 氤错喌欤� 60欤�鞕赌 氚办毎鞛愲ゼ 韱淀暣 臧勳爲 氤挫湢頃� 670欤�霃� 雮橅儉雮� 鞛堨溂氅�, 瓿店皽 鞁滌灔鞐愳劀鞚� 毵るГ電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�. 鞚措矆 瓯半灅電� 氤挫儊瓿� 甏�霠悳 鞚检儊鞝侅澑 瓯半灅搿� Johns鞚� 鞚挫偓須� 歆�鞙勳棎電� 氤�霃欖澊 鞐嗢姷雼堧嫟. Southern Company鞚� 鞎� 800鞏� 雼煬 鞁滉皜齑濎暋瓿� 牍勱祼頃� 霑� 靸侂寑鞝侅溂搿� 鞛戩潃 攴滊(鞎� 4毵� 2觳� 雼煬)鞐劀 鞁滌灔鞐� 氙胳箻電� 鞓來枼鞚� 氙鸽頃� 瓴冹溂搿� 鞓堨儊霅╇媹雼�.
Le d茅p么t du formulaire 4 de Southern Company (SO) dat茅 du 02/07/2025 d茅taille l鈥檃ctivit茅 d鈥檌niti茅 du directeur John D. Johns. Le 01/07/2025, Johns a acquis 460,455 unit茅s d鈥檃ctions diff茅r茅es (DSU) dans le cadre du plan de compensation diff茅r茅e de la soci茅t茅 脿 un prix indicatif de 92,30 $, portant son solde total de DSU 脿 83 849,1942 unit茅s. 脡tant donn茅 que les DSU ne sont r茅gl茅es en actions qu鈥櫭� la cessation du contrat, elles repr茅sentent un m茅canisme d鈥檃lignement 脿 long terme plut么t qu鈥檜ne option imm茅diatement exer莽able. Le d茅p么t indique 茅galement 60 actions ordinaires d茅tenues directement et 670 actions d茅tenues indirectement via son 茅pouse ; aucun achat ou vente d鈥檃ctions ordinaires sur le march茅 ouvert n鈥檃 茅t茅 signal茅. La transaction est une op茅ration courante li茅e 脿 la r茅mun茅ration et ne modifie pas le statut de Johns au sein du conseil d鈥檃dministration. L鈥檌mpact sur le march茅 devrait 锚tre minimal, compte tenu de la taille relative faible (鈮�42 000 $) par rapport 脿 la capitalisation boursi猫re d鈥檈nviron 80 milliards de dollars de Southern Company.
Die Southern Company (SO) Form 4 Einreichung vom 02.07.2025 enth盲lt Details zur Insider-Aktivit盲t des Direktors John D. Johns. Am 01.07.2025 erwarb Johns 460,455 Deferred Stock Units (DSUs) im Rahmen des Deferred Compensation Plans des Unternehmens zu einem indikativem Preis von 92,30 USD, wodurch sein gesamter DSU-Bestand auf 83.849,1942 Einheiten anstieg. Da DSUs erst bei Beendigung in Aktien umgewandelt werden, stellen sie einen langfristigen Ausrichtungsmekanismus dar und keine sofort aus眉bbaren Optionen. Die Meldung zeigt au脽erdem 60 direkt gehaltene Stammaktien und 670 indirekt 眉ber seine Ehefrau gehaltene Aktien; keine K盲ufe oder Verk盲ufe von Stammaktien am offenen Markt wurden gemeldet. Die Transaktion ist routinem盲脽ig und verg眉tungsbezogen und 盲ndert nichts an Johns鈥� Vorstandsfunktion. Die Marktauswirkung wird als minimal eingesch盲tzt, da die relative Gr枚脽e (鈮�42.000 USD) im Vergleich zur Marktkapitalisierung von Southern Company von ca. 80 Mrd. USD gering ist.
- Director increased equity exposure by acquiring 460.455 DSUs, modestly reinforcing long-term alignment with shareholder interests.
- Transaction size is immaterial (~$42 k) relative to Southern Company鈥檚 market value, limiting any signaling effect for investors.
Insights
TL;DR 鈥� Routine DSU accrual; signals modest insider confidence, negligible valuation impact.
The acquisition of 460 DSUs adds only ~0.5% to Johns鈥檚 already large deferred stock balance and represents <0.001% of SO鈥檚 shares outstanding. Because DSUs vest only at separation, the move locks in long-term exposure rather than providing short-term trading insight. Lack of open-market buying limits the bullish read-through. Overall, insider alignment modestly improves but the event is immaterial to valuation or consensus estimates.
TL;DR 鈥� Governance-neutral, compensation-driven filing; no red flags detected.
The Form 4 confirms standard director participation in Southern鈥檚 Deferred Compensation Plan. The transaction code "A" (grant) and absence of discretionary sales reinforce that the board member remains invested in long-term equity performance. Signature by an attorney-in-fact and timely submission comply with SEC rule 16a-3, indicating sound governance processes.
La dichiarazione Form 4 di Southern Company (SO) datata 02/07/2025 riporta l'attivit脿 interna del direttore John D. Johns. Il 01/07/2025, Johns ha acquisito 460,455 Unit脿 Azionarie Differite (DSU) nell'ambito del Piano di Compensazione Differita della societ脿, a un prezzo indicativo di 92,30 dollari, portando il suo saldo totale di DSU a 83.849,1942 unit脿. Poich茅 le DSU vengono liquidate in azioni solo al termine del rapporto, rappresentano un meccanismo di allineamento a lungo termine piuttosto che un'opzione immediatamente esercitabile. La dichiarazione mostra inoltre 60 azioni ordinarie detenute direttamente e 670 azioni detenute indirettamente tramite la moglie; non sono stati segnalati acquisti o vendite di azioni ordinarie sul mercato aperto. La transazione 猫 di routine e legata alla compensazione, senza modificare lo status di Johns nel consiglio di amministrazione. L'impatto sul mercato 猫 previsto minimo, dato il valore relativo contenuto (circa 42 mila dollari) rispetto alla capitalizzazione di mercato di Southern Company, pari a circa 80 miliardi di dollari.
La presentaci贸n del Formulario 4 de Southern Company (SO) con fecha 02/07/2025 detalla la actividad interna del director John D. Johns. El 01/07/2025, Johns adquiri贸 460.455 Unidades de Acciones Diferidas (DSU) bajo el Plan de Compensaci贸n Diferida de la empresa a un precio indicativo de $92.30, elevando su saldo total de DSU a 83,849.1942 unidades. Dado que las DSU se liquidan en acciones solo al t茅rmino del empleo, representan un mecanismo de alineaci贸n a largo plazo y no una opci贸n ejercitable de inmediato. La presentaci贸n tambi茅n muestra 60 acciones comunes en propiedad directa y 670 acciones en propiedad indirecta a trav茅s de su c贸nyuge; no se reportaron compras ni ventas en el mercado abierto. La transacci贸n es rutinaria y relacionada con la compensaci贸n, y no altera el estatus de Johns en la junta directiva. Se espera un impacto m铆nimo en el mercado, dado el tama帽o relativo peque帽o (鈮�$42 mil) en comparaci贸n con la capitalizaci贸n de mercado de Southern Company, que es aproximadamente $80 mil millones.
Southern Company (SO)鞚� 2025雲� 7鞗� 2鞚检瀽 Form 4 鞝滌稖靹滌棎電� 鞚挫偓 John D. Johns鞚� 雮措秬鞛� 瓯半灅 雮挫棴鞚� 靸侅劯頌� 旮半霅橃柎 鞛堨姷雼堧嫟. 2025雲� 7鞗� 1鞚�, Johns電� 須岇偓鞚� 鞚挫棸 氤挫儊 瓿勴殟鞐� 霐半澕 響滌嫓 臧�瓴� $92.30鞐� 460.455臧滌潣 鞚挫棸 欤检嫕 雼渼(DSU)毳� 旆摑頃橃棳 齑� DSU 鞛旍暋鞚� 83,849.1942 雼渼搿� 電橂牳鞀惦媹雼�. DSU電� 韲挫 鞁滌棎毵� 欤检嫕鞙茧 鞝曥偘霅橂瘈搿� 歃夓嫓 頄夓偓 臧�電ロ暅 鞓奠厴鞚� 鞎勲媹霛� 鞛リ赴鞝侅澑 鞚错暣甏�瓿� 鞚检箻 靾橂嫧鞛呺媹雼�. 鞝滌稖靹滌棎電� 歆侅爲 氤挫湢頃� 氤错喌欤� 60欤�鞕赌 氚办毎鞛愲ゼ 韱淀暣 臧勳爲 氤挫湢頃� 670欤�霃� 雮橅儉雮� 鞛堨溂氅�, 瓿店皽 鞁滌灔鞐愳劀鞚� 毵るГ電� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�. 鞚措矆 瓯半灅電� 氤挫儊瓿� 甏�霠悳 鞚检儊鞝侅澑 瓯半灅搿� Johns鞚� 鞚挫偓須� 歆�鞙勳棎電� 氤�霃欖澊 鞐嗢姷雼堧嫟. Southern Company鞚� 鞎� 800鞏� 雼煬 鞁滉皜齑濎暋瓿� 牍勱祼頃� 霑� 靸侂寑鞝侅溂搿� 鞛戩潃 攴滊(鞎� 4毵� 2觳� 雼煬)鞐劀 鞁滌灔鞐� 氙胳箻電� 鞓來枼鞚� 氙鸽頃� 瓴冹溂搿� 鞓堨儊霅╇媹雼�.
Le d茅p么t du formulaire 4 de Southern Company (SO) dat茅 du 02/07/2025 d茅taille l鈥檃ctivit茅 d鈥檌niti茅 du directeur John D. Johns. Le 01/07/2025, Johns a acquis 460,455 unit茅s d鈥檃ctions diff茅r茅es (DSU) dans le cadre du plan de compensation diff茅r茅e de la soci茅t茅 脿 un prix indicatif de 92,30 $, portant son solde total de DSU 脿 83 849,1942 unit茅s. 脡tant donn茅 que les DSU ne sont r茅gl茅es en actions qu鈥櫭� la cessation du contrat, elles repr茅sentent un m茅canisme d鈥檃lignement 脿 long terme plut么t qu鈥檜ne option imm茅diatement exer莽able. Le d茅p么t indique 茅galement 60 actions ordinaires d茅tenues directement et 670 actions d茅tenues indirectement via son 茅pouse ; aucun achat ou vente d鈥檃ctions ordinaires sur le march茅 ouvert n鈥檃 茅t茅 signal茅. La transaction est une op茅ration courante li茅e 脿 la r茅mun茅ration et ne modifie pas le statut de Johns au sein du conseil d鈥檃dministration. L鈥檌mpact sur le march茅 devrait 锚tre minimal, compte tenu de la taille relative faible (鈮�42 000 $) par rapport 脿 la capitalisation boursi猫re d鈥檈nviron 80 milliards de dollars de Southern Company.
Die Southern Company (SO) Form 4 Einreichung vom 02.07.2025 enth盲lt Details zur Insider-Aktivit盲t des Direktors John D. Johns. Am 01.07.2025 erwarb Johns 460,455 Deferred Stock Units (DSUs) im Rahmen des Deferred Compensation Plans des Unternehmens zu einem indikativem Preis von 92,30 USD, wodurch sein gesamter DSU-Bestand auf 83.849,1942 Einheiten anstieg. Da DSUs erst bei Beendigung in Aktien umgewandelt werden, stellen sie einen langfristigen Ausrichtungsmekanismus dar und keine sofort aus眉bbaren Optionen. Die Meldung zeigt au脽erdem 60 direkt gehaltene Stammaktien und 670 indirekt 眉ber seine Ehefrau gehaltene Aktien; keine K盲ufe oder Verk盲ufe von Stammaktien am offenen Markt wurden gemeldet. Die Transaktion ist routinem盲脽ig und verg眉tungsbezogen und 盲ndert nichts an Johns鈥� Vorstandsfunktion. Die Marktauswirkung wird als minimal eingesch盲tzt, da die relative Gr枚脽e (鈮�42.000 USD) im Vergleich zur Marktkapitalisierung von Southern Company von ca. 80 Mrd. USD gering ist.
FAQ
What insider transaction did Southern Company (SO) report on 07/02/2025?
How many Southern Company shares does John D. Johns now beneficially own?
Was the July 2025 insider activity a purchase or a sale of common stock?
Does the filing suggest any change in Southern Company鈥檚 governance risk?
What is the financial value of the DSUs acquired by the director?
