Southern Company (NYSE: SO) EVP & CHRO Sloane Drake details RSU vesting, share withholding and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southern Company executive Sloane N. Drake reported equity compensation activity involving Southern Company Common Stock. On February 6, 2026, the final half of a February 6, 2023 restricted stock unit award vested, converting 3,314 restricted stock units into common shares, including dividend equivalents.
As part of this vesting, 3,698 shares of Southern Company Common Stock were acquired at an exercise price of $0, and 1,649 shares were withheld at a price of $90.8 to cover state and federal tax obligations. Following these transactions, Drake directly beneficially owned 27,312 shares of Southern Company Common Stock and indirectly held 2,589.5985 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,314 shares exercised/converted
Mixed
4 txns
Insider
Drake Sloane N
Role
EVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Southern Co Restricted Stock Units | 3,314 | $0.00 | -- |
| Exercise | Southern Company Common Stock | 3,698 | $0.00 | -- |
| Tax Withholding | Southern Company Common Stock | 1,649 | $90.80 | $150K |
| holding | Southern Company Common Stock | -- | -- | -- |
Holdings After Transaction:
Southern Co Restricted Stock Units — 0 shares (Direct);
Southern Company Common Stock — 28,961 shares (Direct);
Southern Company Common Stock — 2,589.599 shares (Indirect, 401(k))
Footnotes (1)
- Shares acquired upon the vesting of the final 1/2 of restricted stock units granted February 6, 2023. Includes 384 accrued dividend equivalents. Shares withheld to satisfy required state and federal tax withholdings. Represents the final 1/2 of restricted stock units granted on February 6, 2023. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
FAQ
What insider transaction did SO executive Sloane N. Drake report?
Sloane N. Drake reported the vesting of restricted stock units that converted into Southern Company Common Stock. The filing shows RSUs granted February 6, 2023 reached final vesting on February 6, 2026, resulting in new shares and associated tax withholding.
What restricted stock units were involved in this Southern Company (SO) filing?
The filing involves the final half of a restricted stock unit grant made on February 6, 2023. A total of 3,314 restricted stock units, including 384 accrued dividend equivalents, were settled into an equal number of Southern Company Common Stock shares upon vesting.
What is Sloane N. Drake’s role at Southern Company (SO)?
Sloane N. Drake is identified as an officer of Southern Company with the title EVP & CHRO. This means Drake serves as Executive Vice President and Chief Human Resources Officer, and the reported equity transactions relate to compensation in that executive role.