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 of shares.
Summary
- On February 13, 2025, Bryan D. Anderson, an Executive Vice President at Southern Company, reported transactions involving Southern Company common stock.
- Anderson acquired 1,740 shares upon the vesting of performance restricted stock units granted on February 13, 2022, which included 187 accrued dividend equivalent units.
- 873 shares were withheld to satisfy state and federal tax obligations at a price of $86.78 per share.
- Following these transactions, Anderson directly owns 57,661 shares of Southern Company common stock.
- He also holds performance restricted stock units representing the right to receive 1,553 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't indicate any significant positive or negative sentiment.
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 |
|---|---|
| February 13, 2022 | Date of grant for performance restricted stock units. |
| February 13, 2025 | Date of stock vesting and tax withholding. |
| February 18, 2025 | Date of signature on the Form 4 filing. |
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