Form 4: Southern Co Director Donald M. James Reports Acquisition of Deferred Stock Units

Director Donald M. James reports acquisition of deferred stock units in Southern Co under the Deferred Compensation Plan.

Summary

• On April 1, 2024, Donald M. James, a director of Southern Co, acquired 597.7496 deferred stock units under Southern's Deferred Compensation Plan.
• These units are payable in Southern Company common stock only upon termination of employment.
• The price of the deferred stock units is $0.00.
• Following the transaction, James directly owns 186,487.266 shares of Southern Company common stock.
• The reporting person has elected to defer receipt of director fees into deferred stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard compensation practices and insider confidence in the company.

Positives

• The acquisition of deferred stock units demonstrates the director's continued investment in the company's future.

Future Outlook

The deferred stock units will be payable in Southern Company common stock upon the director's termination of employment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates