Southern Company Director Adds 448.3122 Deferred Units, Holdings 9,886.74 Shares
Rhea-AI Filing Summary
Kristine L. Svinicki, a director of Southern Company (SO), acquired deferred stock units under the company's Deferred Compensation Plan on 10/01/2025. The filing shows an acquisition of 448.3122 deferred stock units that convert to 448.3122 shares of Southern Company common stock. After the reported transaction the reporting person directly beneficially owns 9,886.7401 shares. The units were acquired at a reported per‑share reference of $94.80 and are payable in stock only upon termination, with no exercise or expiration date disclosed. The Form 4 was signed on behalf of Ms. Svinicki on 10/02/2025.
Positive
- Director increased direct holdings to 9,886.7401 shares after acquisition
- Acquisition under company plan indicates alignment of director compensation with shareholder value via stock settlement
Negative
- None.
Insights
Director acquired 448.3122 deferred stock units, increasing direct holdings to 9,886.7401 shares.
The filing documents a routine acquisition under Southern Company's Deferred Compensation Plan on 10/01/2025. The units convert to an equal number of common shares and are payable in stock only upon termination, so the economic transfer is tied to the director's future separation rather than an open-market purchase.
Transaction is a compensation vesting event, not a discretionary open‑market trade.
This is a plan‑driven grant recorded as an acquisition (code A) and signed by an attorney‑in‑fact on 10/02/2025. Because the units are payable only upon termination and have no exercise/expiration dates, they reflect deferred compensation mechanics rather than an immediate change in voting or saleable stock.