Southern Co comptroller sells 1,400 shares
Southern Co’s comptroller reported a September 3, 2026 open-market stock sale and updated direct and 401(k) share holdings.
Rhea-AI Filing Summary
SOUTHERN CO (SO) reported that Comptroller Matthew M. Kim sold 1,400 shares of Southern Company common stock on September 3, 2026 in a sale classified as an open-market or private transaction at $88.87 per share. After this sale, he held 4,988 shares directly and 1,222.207 shares indirectly through a 401(k). No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,400 shares
Net Sell
2 txns
Insider
Kim Matthew M.
Role
Comptroller
Sold
1,400 shs ($124K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Southern Company Common Stock | 1,400 | $88.87 | $124K |
| holding | Southern Company Common Stock | -- | -- | -- |
Holdings After Transaction:
Southern Company Common Stock — 4,988 shares (Direct);
Southern Company Common Stock — 1,222.207 shares (Indirect, 401(k))
Key Figures
Shares sold: 1,400 shares
Sale price per share: $88.87 per share
Direct holdings after transaction: 4,988 shares
+1 more
4 metrics
Shares sold
1,400 shares
Open-market or private sale on September 3, 2026
Sale price per share
$88.87 per share
Southern Company common stock sold on September 3, 2026
Direct holdings after transaction
4,988 shares
Common stock directly held by Matthew M. Kim after sale
Indirect 401(k) holdings
1,222.207 shares
Common stock held indirectly through a 401(k) after the reported date
Key Terms
Rule 10b5-1 trading plan, indirect, 401(k)
3 terms
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
indirect financial
"1,222.207 shares indirectly through a 401(k) plan"
401(k) financial
"1,222.207 shares indirectly through a 401(k) plan"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
What insider transaction did SOUTHERN CO (SO) report for Matthew M. Kim?
Comptroller Matthew M. Kim reported a sale of 1,400 shares of Southern Company common stock on September 3, 2026, classified as an open-market or private transaction at $88.87 per share.
Was the SOUTHERN CO (SO) insider sale made under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan applies to the reported transactions for Matthew M. Kim.
AI-generated analysis. How Rhea-AI works. Not financial advice.