Form 4: Southern Company Executive James Jeffrey Peoples Reports Stock Transactions
SEC Form 4 Filing
James Jeffrey Peoples, Chairman, President & CEO, APC of Southern Company, reports stock transactions including acquisition of shares through vesting of restricted stock units and disposition of shares for tax withholding.
Summary
- On February 13, 2025, James Jeffrey Peoples acquired 849 shares of Southern Company common stock upon the vesting of restricted stock units.
- Peoples also disposed of 378 shares to satisfy tax withholding requirements at a price of $86.78 per share.
- Following these transactions, Peoples directly owns 13,707 shares of Southern Company common stock and indirectly owns 8,469.7113 shares through a 401(k).
- The reported transactions also involved the vesting of 758 Southern Co Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/13/2022 | Date of grant for the restricted stock units that vested on 02/13/2025 |
| 02/13/2025 | Date of stock transactions: vesting of restricted stock units and tax withholding. |
| 02/18/2025 | Date of signature for the Form 4 filing. |
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