Southern Co Director David E. Meador Receives Quarterly Retainer in Deferred Stock Units
SOUTHERN CO
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Filing Summary
Southern Co ($SO) Form 4 Filing Update Insider: David E. Meador (Director) Transaction: Acquisition (Grant/Award) Security: Deferred Stock Units Shares: 913.50 @ $83.47 (~$76,250) Post-Transaction Holdings: 11,158.82 DSU Significance: Low (Quarterly director retainer deferral)
Comprehensive Analysis
Overview
On October 5, 2026, Southern Co ($SO) director David E. Meador filed a Form 4 disclosing the acquisition of 913.5019 Deferred Stock Units (DSUs) on October 1, 2026. The transaction was priced at $83.47 per share, representing a total value of approximately $76,250.00.
Transaction Details
- Nature of Transaction: The transaction represents the quarterly director cash and equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan and deferred pursuant to the Deferred Compensation Plan for Outside Directors.
- Holdings Update: Following the grant, Meador holds 11,158.8237 Deferred Stock Units, which also includes units accrued via the dividend reinvestment feature of the plan.
- Settlement Terms: Each DSU confers the right to receive one share of common stock upon the director's departure from the Board.
Market & Trading Significance
This transaction carries Low trading significance, as it reflects routine, scheduled equity-based director compensation rather than an open-market discretionary purchase or sale.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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