Southern Co Director Receives Quarterly Retainer in Deferred Stock Units
SOUTHERN CO
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Filing Summary
=== SEC Form 4: Southern Co (SO) ===
Insider: GRAIN DAVID J (Director)
Transaction: Acquisition (Grant/Deferral)
Security: Deferred Stock Units
Shares Transacted: 973.4036 @ $83.47
Total Value: ~$81,250.00
Post-Transaction Holdings: 88,596.7903 units
Significance: Low (Routine Director Compensation)
Comprehensive Analysis
Insider Transaction Analysis
Overview
On October 1, 2026, David J. Grain, a Director at The Southern Company ($SO), acquired 973.4036 Deferred Stock Units at an effective price of $83.47 per unit, representing an aggregate value of approximately $81,250.00.
Transaction Details
- Filing Code:
A(Grant, award, or other acquisition) - Security: Deferred Stock Units Holding (convertible 1:1 into Common Stock upon board departure)
- Context: The transaction represents the director's quarterly cash and equity retainer under the Southern Company 2021 Equity and Incentive Compensation Plan, deferred pursuant to the Deferred Compensation Plan for Outside Directors.
- Post-Transaction Holdings: Mr. Grain directly holds 88,596.7903 deferred stock units following the transaction, which includes units previously credited via dividend reinvestment.
Market Assessment
This filing reflects routine non-employee director compensation structured through a deferred equity plan rather than open-market buying or selling. Consequently, it carries Low trading significance and does not indicate discretionary insider sentiment.
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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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