Southern Co director granted 473 deferred stock units
Southern Co director Shantella E. Cooper received a grant of 473.0866 deferred stock units as part of her quarterly director equity retainer.
Rhea-AI Filing Summary
Southern Co director Shantella E. Cooper received a grant of 473.0866 deferred stock units as part of her quarterly director equity retainer. These units were awarded under the Southern Company 2021 Equity and Incentive Compensation Plan and deferred into the Deferred Compensation Plan for Outside Directors.
Each deferred stock unit represents the right to receive one share of Southern Company common stock, generally after her Board service ends. Following this award, she holds a total of 32,605.9488 deferred stock units directly, with no exercise or expiration date on these units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 473.0866 shares
Grant/Award
1 txn
Insider
Cooper Shantella E.
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 — 32,605.9488 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
Price per underlying share: $95.1200 per share
Total deferred units after grant: 32,605.9488 units
+1 more
4 metrics
Deferred stock units granted
473.0866 units
Quarterly director equity retainer on 2026-07-01
Price per underlying share
$95.1200 per share
Reference price for deferred stock unit grant
Total deferred units after grant
32,605.9488 units
Holdings following reported transaction
Underlying common stock
473.0866 shares
Shares represented by this deferred stock unit grant
Key Terms
Deferred Stock Units, Deferred Compensation Plan for Outside Directors, equity retainer, Southern Company 2021 Equity and Incentive Compensation Plan
4 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"
Southern Company 2021 Equity and Incentive Compensation Plan financial
"Represents quarterly director equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan"
FAQ
What did Southern Co director Shantella E. Cooper report on this Form 4 for SO?
Director Shantella E. Cooper reported receiving 473.0866 deferred stock units as a quarterly equity retainer. The award is part of her compensation for Board service and is deferred under Southern Co’s outside director compensation plan.
How many Southern Co deferred stock units does Shantella E. Cooper hold after this Form 4?
After this transaction, Shantella E. Cooper holds 32,605.9488 deferred stock units. These units track Southern Company common stock and represent future rights to receive shares after her Board service, rather than current share deliveries or cash transactions.
Is the Southern Co Form 4 for Shantella E. Cooper a stock purchase or sale?
The Form 4 reflects an acquisition through a compensation grant, not a market purchase or sale. Cooper received 473.0866 deferred stock units as a director equity retainer, with no open-market buying or selling reported in this filing for SO.
How are Shantella E. Cooper’s Southern Co deferred stock units settled?
The deferred stock units are settled in shares of Southern Company common stock after her service on the Board ends. Settlement timing follows her elections under the Deferred Compensation Plan for Outside Directors, rather than occurring immediately at grant.
Does the Southern Co Form 4 mention any exercise or expiration date for the deferred stock units?
The filing states there is no exercise or expiration date for these deferred stock units. They remain outstanding and are ultimately settled in Southern Company common stock following the end of Shantella E. Cooper’s Board service, as specified in the plan.
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