Form 4: Southern Co. Director Acquires Deferred Stock Units

Southern Company Director Anthony F. Earley Jr. acquired 693.5654 deferred stock units as part of a compensation plan.

Summary

• Anthony F. Earley Jr., a Director of Southern Company (SO), acquired 693.5654 Deferred Stock Units (DSUs) on October 1, 2025.
• The acquisition was made pursuant to Southern's Deferred Compensation Plan, which stipulates payment in stock only upon termination of service.
• Following this transaction, Mr. Earley beneficially owns a total of 29,390.905 Deferred Stock Units.
• The implied value of the acquired units is approximately $65,750.00, based on a reported price of $94.8 per unit.

Sentiment

Score: 7

Explanation: The acquisition of additional deferred stock units by a director, even as part of a compensation plan, indicates continued alignment of interests with shareholders and can be viewed as a positive signal of confidence in the company's long-term value.

Positives

• Director Anthony F. Earley Jr. increased his beneficial ownership in Southern Company by acquiring 693.5654 Deferred Stock Units.
• The acquisition through a deferred compensation plan aligns the director's long-term interests with those of the shareholders.

Negatives

• No negative information was disclosed in this Form 4 filing.

Risks

• NA

Future Outlook

NA

Industry Context

NA

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: Potential positive signal of director confidence and alignment of interests.

Next Steps

• The acquired Deferred Stock Units will be paid out in Southern Company common stock upon the termination of Anthony F. Earley Jr.'s service.

Key Dates

Keywords

Southern Company, SO, Deferred Stock Units, Insider Transaction, Director Compensation, SEC Form 4, Equity Acquisition