Southern Co Officer Peter P. Sena III Files Form 144 to Sell $378K in Common Stock
SOUTHERN CO
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Filing Summary
Form 144 Notice of Proposed Sale: Southern Co ($SO) • Insider: Peter P. Sena III (Officer) • Shares Proposed for Sale: 4,266 • Estimated Market Value: $377,924.94 (~$88.59/share) • Approximate Date of Sale: 09/03/2026 • Plan Adoption Date: 05/05/2026 (Rule 10b5-1) • Broker: Merrill Lynch
Comprehensive Analysis
Executive Summary
On September 3, 2026, Peter P. Sena III, an Officer at The Southern Company ($SO), filed a Form 144 notice indicating an intent to sell 4,266 shares of common stock with an aggregate market value of approximately $377,924.94.
Key Details
- Security: Common Stock
- Number of Shares: 4,266
- Aggregate Market Value: $377,924.94
- Shares Outstanding: 1,150,362,966
- Approximate Sale Date: September 3, 2026
- Source of Shares: Acquired via Restricted Stock Unit (RSU) vesting on December 15, 2024 (3,953 and 313 shares).
- Rule 10b5-1 Plan: The filing indicates a trading plan was adopted on May 5, 2026.
Significance
The trading significance is rated Low. The proposed sale represents a routine transaction executed pursuant to a pre-established Rule 10b5-1 trading plan and accounts for a negligible percentage of the company's 1.15 billion shares outstanding.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
