Southern Co director granted deferred stock units
Etheredge James O reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Etheredge James O reported acquisition or exercise transactions in this Form 4 filing.
Southern Co director James O. Etheredge reported a routine equity compensation grant. He received 473.0866 deferred stock units as part of his quarterly director equity retainer under The Southern Company 2021 Equity and Incentive Compensation Plan. Each unit represents the right to receive one share of Southern Company common stock, to be settled after his Board service ends. Following this grant and related dividend reinvestment, his deferred stock unit balance stands at 2,882.7775 units held directly.
Insider Trade Summary
Grant/Award: 473.0866 shares
Grant/Award
1 txn
Insider
Etheredge James O
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 — 2,882.7775 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
Grant reference price: $95.12 per unit
Deferred units after transaction: 2,882.7775 units
+1 more
4 metrics
Deferred stock units granted
473.0866 units
Quarterly director equity retainer grant on 2026-07-01
Grant reference price
$95.12 per unit
Price per share reference used for the deferred stock unit grant
Deferred units after transaction
2,882.7775 units
Total deferred stock units held directly after award and dividend reinvestment
Underlying common stock
473.0866 shares
Each deferred stock unit equals one Southern Company common share
Key Terms
Deferred Stock Units, Deferred Compensation Plan for Outside Directors, director equity retainer, dividend reinvestment feature, +1 more
5 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 of The Southern Company"
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"
director equity retainer financial
"Represents quarterly director equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan"
dividend reinvestment feature financial
"Includes additional deferred stock units acquired through the dividend reinvestment feature of the Deferred Compensation Plan."
Equity and Incentive Compensation Plan financial
"paid under the Southern Company 2021 Equity and Incentive Compensation Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Southern Co (SO) director James O. Etheredge report?
James O. Etheredge reported receiving 473.0866 deferred stock units as a quarterly director equity retainer. These units are part of his compensation, not an open-market purchase or sale, and will eventually convert into Southern Company common shares after his Board service ends.
Is the Etheredge Form 4 for Southern Co (SO) a stock buy or sell?
The Form 4 reflects an equity award, not a buy or sell. Etheredge acquired 473.0866 deferred stock units as compensation, granted under Southern Company’s equity plan and deferred into a director compensation program rather than traded in the open market.
How many Southern Co deferred stock units does Etheredge hold after this Form 4?
After this reported transaction, Etheredge holds 2,882.7775 deferred stock units directly. This total includes the new quarterly award and additional units accumulated through the dividend reinvestment feature of the Deferred Compensation Plan for Outside Directors of The Southern Company.
What is a deferred stock unit in the Southern Co (SO) director plan?
A deferred stock unit in this context represents the right to receive one Southern Company common share in the future. Under the director Deferred Compensation Plan, units are settled in stock on dates after the director’s Board service terminates, as previously specified by the director.
Does the Etheredge Form 4 for Southern Co (SO) involve an option exercise?
No, this Form 4 does not involve an option exercise. It reports a grant of deferred stock units at a conversion price of zero, with no exercise or expiration date. The units simply convert into common shares when his Board service concludes, per plan terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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