Southern Co (SO) comptroller sells 100 shares, holds 6,588 directly
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southern Company’s comptroller, Matthew M. Kim, reported a small open-market sale of common stock. On 2026-07-01, he sold 100 shares of Southern Company Common Stock at $95.77 per share.
After this sale, Kim directly holds 6,588 shares and indirectly holds 1,212.1903 shares through a 401(k) plan. The filing shows no option exercises or derivative positions, indicating this was a straightforward, modest open-market sale alongside ongoing retirement-plan holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 100 shares ($9,577)
Net Sell
2 txns
Insider
Kim Matthew M.
Role
Comptroller
Sold
100 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Southern Company Common Stock | 100 | $95.77 | $10K |
| holding | Southern Company Common Stock | -- | -- | -- |
Holdings After Transaction:
Southern Company Common Stock — 6,588 shares (Direct, null);
Southern Company Common Stock — 1,212.19 shares (Indirect, 401(k))
Footnotes (1)
Key Figures
Shares sold: 100 shares
Sale price per share: $95.77/share
Direct holdings after sale: 6,588 shares
+1 more
4 metrics
Shares sold
100 shares
Open-market sale of Southern Company Common Stock on 2026-07-01
Sale price per share
$95.77/share
Price for the 100 shares sold with transaction code S
Direct holdings after sale
6,588 shares
Southern Company Common Stock directly owned following the transaction
Indirect 401(k) holdings
1,212.1903 shares
Southern Company Common Stock held indirectly through a 401(k) plan
Key Terms
open-market sale, transaction code S, indirect ownership, 401(k)
4 terms
open-market sale financial
"transaction_action is described as an open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code S regulatory
"transaction_code S indicates a sale in open market or private transaction"
indirect ownership financial
"ownership_type is indirect for shares held through a 401(k)"
401(k) financial
"nature_of_ownership lists 401(k) for part of the holdings"
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?
Southern Co reported that comptroller Matthew M. Kim sold 100 shares of Southern Company Common Stock. The sale occurred on 2026-07-01 and was executed as an open-market or private transaction at a stated price of $95.77 per share.
Was the Southern Co (SO) transaction by Matthew M. Kim a buy or a sell?
The Form 4 classifies Matthew M. Kim’s transaction as a sell. It shows a transaction code S, labeled as a sale in open market or private transaction, for 100 shares of Southern Company Common Stock on 2026-07-01.
Does the Southern Co (SO) Form 4 show any option exercises or derivatives for Matthew M. Kim?
The Form 4 derivative summary is empty, indicating no derivative transactions like option exercises or conversions. All reported positions are in Southern Company Common Stock, with one open-market sale and a separate 401(k) holding entry.