Southern EVP Drake reports RSU vesting and tax withholding
Southern Company executive Sloane N. Drake reported equity compensation activity involving Southern Company Common Stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Southern Co Restricted Stock Units | 3,314 | $0.00 | $0.00 |
| Exercise | Southern Company Common Stock | 3,698 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Southern Company Common Stock | 1,649 | $90.80 | $150K |
| holding | Southern Company Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Shares acquired upon the vesting of the final 1/2 of restricted stock units granted February 6, 2023. Includes 384 accrued dividend equivalents.
- F2. Shares withheld to satisfy required state and federal tax withholdings.
- F3. 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
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