Southern Company director granted deferred stock units
Southern Company director Lizanne Thomas received a grant of deferred stock units as part of her quarterly director equity retainer.
Rhea-AI Filing Summary
Southern Company director Lizanne Thomas received a grant of deferred stock units as part of her quarterly director equity retainer. She was awarded 473.0866 deferred stock units, each representing the right to receive one share of Southern Company common stock, based on a reference price of $95.12 per unit. Following this award, her reported balance increased to 7,757.6864 deferred stock units, including units accumulated through the plan’s dividend reinvestment feature. These units are deferred compensation under the company’s equity and incentive compensation plans and will be settled in common shares after her service on the Board ends, with no set exercise or expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 473.0866 shares
Grant/Award
1 txn
Insider
Thomas Lizanne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units Holding | 473.0866 | $95.12 | $45K |
Holdings After Transaction:
Deferred Stock Units Holding — 7,757.6864 contracts (Direct)
Footnotes (3)
- F1. Represents quarterly director equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan and deferred pursuant to the Deferred Compensation Plan for Outside Directors of The Southern Company (Deferred Compensation Plan). Each deferred stock unit represents the right to receive one share of Southern Company common stock.
- F2. Deferred stock units are settled in shares of Southern Company common stock on the date(s) following the termination of the reporting person's service on the Board as specified by the reporting person pursuant to the Deferred Compensation Plan. There is no exercise or expiration date.
- F3. Includes additional deferred stock units acquired through the dividend reinvestment feature of the Deferred Compensation Plan.
Key Figures
Deferred stock units granted: 473.0866 units
Reference price per unit: $95.12 per unit
Total deferred stock units after grant: 7,757.6864 units
+1 more
4 metrics
Deferred stock units granted
473.0866 units
Quarterly director equity retainer on 2026-07-01
Reference price per unit
$95.12 per unit
Grant of deferred stock units
Total deferred stock units after grant
7,757.6864 units
Holdings following reported transaction
Underlying common stock
473.0866 shares
One share of common stock per deferred unit
Key Terms
Deferred stock units, Deferred Compensation Plan for Outside Directors, equity retainer
3 terms
Deferred stock units financial
"Represents quarterly director equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan and deferred pursuant to the Deferred Compensation Plan for Outside Directors"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Deferred Compensation Plan for Outside Directors financial
"deferred pursuant to the Deferred Compensation Plan for Outside Directors of The Southern Company"
equity retainer financial
"Represents quarterly director equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan"
FAQ
What did Southern Company (SO) director Lizanne Thomas report in this Form 4?
Director Lizanne Thomas reported receiving a grant of deferred stock units as part of her quarterly director equity retainer. She acquired 473.0866 deferred stock units that will eventually convert into Southern Company common shares after her Board service ends.
How many deferred stock units did Lizanne Thomas receive from Southern Company (SO)?
She received 473.0866 deferred stock units. Each unit represents the right to receive one share of Southern Company common stock, awarded as her quarterly director equity retainer and deferred under the company’s Deferred Compensation Plan for Outside Directors.
What is the reference price for the Southern Company (SO) deferred stock units granted?
The deferred stock units were awarded at a reference price of $95.12 per unit. This price is used to calculate the number of units granted as part of the director’s equity retainer rather than reflecting a cash transaction in the open market.
How many deferred stock units does Lizanne Thomas hold after this Southern Company (SO) grant?
After this grant, she holds a total of 7,757.6864 deferred stock units. This figure includes both the newly granted units and additional units accumulated through the dividend reinvestment feature of Southern Company’s Deferred Compensation Plan for Outside Directors.
Are the Southern Company (SO) deferred stock units a stock purchase by Lizanne Thomas?
No, the deferred stock units are a compensation grant, not an open-market stock purchase. They represent part of her quarterly director equity retainer, deferred under company plans, and will convert into common shares after her Board service concludes.
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