SO.NYSESouthern CO

Form 4: Southern Company Executive James Y. Kerr, II, Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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James Y. Kerr, II, Chairman, President & CEO of GAS at Southern Company, reports the vesting of performance restricted stock units and subsequent tax withholding.

Summary

  • On February 13, 2025, James Y. Kerr, II, Chairman, President & CEO of GAS at Southern Company, reported transactions involving Southern Company common stock.
  • These transactions included the vesting of 3,080 performance restricted stock units, resulting in the acquisition of shares.
  • Additionally, 1,376 shares were withheld to satisfy tax obligations at a price of $86.78 per share.
  • Following these transactions, Kerr directly owns 171,052 shares of Southern Company common stock.
  • Kerr also indirectly owns 32,802.4212 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Industry Context

Executive stock transactions are a routine part of corporate governance and are closely watched by investors for insights into management's perspective on the company's performance and future prospects.

Stakeholder Impact

  • The transactions affect the executive's holdings in the company, which may be of interest to shareholders.

Key Dates

DateDescription
02/13/2022Date of grant for the performance restricted stock units, one third of which vested on 02/13/2025
02/13/2025Date of the reported transactions: vesting of restricted stock units and tax withholding.
02/18/2025Date of signature for the Form 4 filing.

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