SO.NYSESouthern CO

Form 4: Southern Company Executive Peter P. Sena III Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Peter P. Sena III, Chairman, President & CEO of SNC at Southern Company, reports acquisition and disposal of company stock related to vesting of restricted stock units and tax withholding.

Summary

  • On February 13, 2025, Peter P. Sena III, Chairman, President & CEO, SNC of Southern Company, reported transactions involving Southern Company common stock.
  • He acquired 1,765 shares upon the vesting of restricted stock units granted on February 13, 2022, at a price of $0.
  • 784 shares were disposed of to satisfy tax withholding requirements at a price of $86.78.
  • Following these transactions, Sena directly owns 14,999 shares of Southern Company common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted stock awards and the associated tax implications, which is a common occurrence for executives.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.

Key Dates

DateDescription
02/13/2022Date of grant for restricted stock units, final 1/3 of which vested on 02/13/2025
02/13/2025Date of stock acquisition and disposal transactions.
02/18/2025Date of Form 4 filing.

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