Form 4: Southern Company Executive Bryan D. Anderson Reports Stock Transactions
SEC Form 4 Filing
EVP Bryan D. Anderson reports the vesting of performance restricted stock units and subsequent tax withholding.
Summary
- On February 1, 2025, Bryan D. Anderson, EVP & President of External Affairs at Southern Company, reported transactions involving Southern Company common stock.
- He acquired 1,969 shares upon the vesting of performance restricted stock units granted on February 1, 2023, at a price of $0.
- 1,061 shares were withheld to cover state and federal tax obligations at a price of $83.95.
- Following these transactions, Anderson directly owns 45,375 shares of Southern Company common stock and 1,825 performance restricted stock units.
- The remaining performance restricted stock units will vest in 2026.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; therefore, the sentiment is neutral.
Future Outlook
The remaining performance restricted stock units will vest in 2026.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 2023-02-01 | Date of grant for performance restricted stock units, vesting in three tranches. |
| 2024-12-09 | Effective date of power of attorney. |
| 2025-02-01 | Date of transaction: vesting of performance restricted stock units and tax withholding. |
| 2025-02-04 | Date of signature for the Form 4 filing. |
| 2026 | Remaining performance restricted stock units will vest. |
Keywords
Southern Company, Bryan D. Anderson, Form 4, Stock Options, Vesting, Tax Withholding, Beneficial Ownership, SO
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