Southern Co. (NYSE: SO) affiliate plans to sell 100 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Southern Co. affiliate filed a Form 144 disclosing a proposed sale of 100 shares of Common Stock to be sold on the NYSE. The filing notes the securities arose from a Performance Stock Unit vest dated 02/07/2024 and is labeled a Compensatory Payment. The filer also reported sales of 5,123 shares on 02/24/2026 for $487,453.45.
Positive
- None.
Negative
- None.
Key Figures
Planned resale: 100 shares
Recent sales reported: 5,123 shares
Proceeds from recent sale: $487,453.45
+1 more
4 metrics
Planned resale
100 shares
Security from PSU vest dated 02/07/2024
Recent sales reported
5,123 shares
Sale recorded 02/24/2026
Proceeds from recent sale
$487,453.45
Proceeds tied to 02/24/2026 sale of 5,123 shares
Exchange
NYSE
Market where resale is to occur (listed on notice)
Key Terms
Form 144, Performance Stock Unit, Compensatory Payment
3 terms
Form 144 regulatory
"filed a Form 144 disclosing a proposed sale"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Performance Stock Unit financial
"Performance Stock Unit Vest dated 02/07/2024"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
Compensatory Payment financial
"listed as Compensatory Payment in the securities description"
FAQ
What does Southern Co. (SO) Form 144 disclose about the planned sale?
It discloses an affiliate intends to sell 100 shares of Common Stock on the NYSE, arising from a 02/07/2024 Performance Stock Unit vest as a Compensatory Payment. The filing identifies the transaction method as a resale notice.
Who is the reporting person on the Form 144 for SO and what recent sales are listed?
The Form 144 lists a filer with an Atlanta address and names Matthew Kim in the sales history. It reports prior sales of 5,123 shares on 02/24/2026 for $487,453.45, recorded in the notice.
Does the Form 144 indicate how the proposed sale proceeds will be used for SO?
No. The filing identifies the sale as a resale notice for an affiliate on the NYSE but does not state any use of proceeds or indicate the company will receive proceeds; it is a holder resale disclosure.