Form 4: Southern Company Director Acquires Deferred Stock Units
SEC Form 4 Filing
Director Shantella E. Cooper acquired deferred stock units in Southern Company through the company's Deferred Compensation Plan.
Summary
- On January 2, 2025, Shantella E. Cooper, a director of Southern Company, acquired 880.7094 deferred stock units under the Southern Company'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 holding was $0.
- Following the transaction, Cooper directly owns 27,348.894 shares of Southern Company common stock.
- The price per share was $82.32.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The deferred stock units will be payable in Southern Company common stock upon termination of employment.
Industry Context
This filing reflects routine executive compensation practices within publicly traded companies, where deferred compensation plans are used to align executive interests with long-term shareholder value.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the transaction: acquisition of deferred stock units. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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