Form 4: Southern Company Director Anthony Earley Jr. Acquires Additional Deferred Stock Units

Southern Company Director Anthony F. Earley Jr. has acquired 712.351 deferred stock units as part of the company's compensation plan, increasing his direct beneficial ownership.

Summary

• Anthony F. Earley Jr., a Director of Southern Company (SO), acquired 712.351 Deferred Stock Units on July 1, 2025.
• These units were acquired pursuant to Southern's Deferred Compensation Plan.
• The units are payable in Southern Company Common Stock only upon termination of service.
• The price of the derivative security (Deferred Stock Units) was $92.3 per unit.
• Following this transaction, Mr. Earley Jr. directly beneficially owns 28,465.4292 Deferred Stock Units.
• He also directly owns 23,000 shares of Southern Company Common Stock and indirectly owns 1,261 shares through his spouse.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates a director's increased stake in the company, aligning interests with shareholders, even if it's a routine compensation event.

Positives

• Acquisition of additional deferred stock units by a director aligns management's interests with shareholders.
• The acquisition is part of a structured deferred compensation plan, indicating a routine and planned increase in insider ownership.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing reports a routine insider transaction related to a deferred compensation plan, which is a common practice across various industries to align executive interests with long-term company performance. It does not provide broader industry trends or competitive analysis.

Comparison to Industry Standards

• This filing details a standard acquisition of deferred stock units as part of an executive compensation plan, a common practice for directors in publicly traded companies across the utility sector and broader market. Specific comparable companies, projects, or results are not relevant to this type of filing.

Related Party Transactions

• The acquisition of deferred stock units is part of a compensation plan, which is a standard arrangement between the company and its director. This is a routine transaction and not an unusual related party dealing.

Stakeholder Impact

• Shareholders: Increased alignment of a director's financial interests with long-term shareholder value due to increased beneficial ownership.

Next Steps

• The acquired Deferred Stock Units are payable in Southern Company Common Stock only upon termination of the reporting person's service.

Key Dates

Keywords

Southern Company, SO, Anthony F. Earley Jr., Director, Insider Transaction, Form 4, Deferred Stock Units, Beneficial Ownership, Compensation Plan