Southern Co director granted deferred stock units
Southern Co director Kristine L. Svinicki received an award of 473.0866 deferred stock units on July 1, 2026 as her quarterly director equity retainer under the Southern Company 2021 Equity and Incentive Compensation Plan.
Rhea-AI Filing Summary
Southern Co director Kristine L. Svinicki received an award of 473.0866 deferred stock units on July 1, 2026 as her quarterly director equity retainer under the Southern Company 2021 Equity and Incentive Compensation Plan.
The grant is deferred under the Deferred Compensation Plan for Outside Directors. Each deferred stock unit represents the right to receive one share of Southern Company common stock, generally settled after her Board service ends. Including units acquired through dividend reinvestment, she now holds a total of 11,597.0696 deferred stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 473.0866 shares
Grant/Award
1 txn
Insider
Svinicki Kristine L
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 — 11,597.0696 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
Deferred stock units after grant: 11,597.0696 units
+1 more
4 metrics
Deferred stock units granted
473.0866 units
Quarterly director equity retainer on July 1, 2026
Reference price per unit
$95.12 per unit
Grant price reference for deferred stock units
Deferred stock units after grant
11,597.0696 units
Total deferred stock units following July 1, 2026 award
Exercise price of units
$0.00
Deferred stock units settle into common shares with no exercise price
Key Terms
Deferred stock units, Deferred Compensation Plan for Outside Directors, equity retainer, dividend reinvestment feature
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"
dividend reinvestment feature financial
"Includes additional deferred stock units acquired through the dividend reinvestment feature of the Deferred Compensation Plan."
FAQ
What insider transaction did Southern Co (SO) disclose for Kristine L. Svinicki?
Southern Co disclosed that director Kristine L. Svinicki received 473.0866 deferred stock units as a quarterly equity retainer. The award was granted under the 2021 Equity and Incentive Compensation Plan and deferred into the Deferred Compensation Plan for Outside Directors.
How many Southern Co (SO) deferred stock units does Kristine L. Svinicki hold after this grant?
After the July 1, 2026 grant, Kristine L. Svinicki holds 11,597.0696 deferred stock units. This total includes the new 473.0866-unit award and additional units accumulated through the dividend reinvestment feature of the Deferred Compensation Plan for Outside Directors.
What does each Southern Co (SO) deferred stock unit represent for Kristine L. Svinicki?
Each Southern Co deferred stock unit represents the right to receive one share of Southern Company common stock. These units are not paid immediately but are settled in shares following the end of Svinicki’s Board service, as specified under the Deferred Compensation Plan.
When will Kristine L. Svinicki’s Southern Co (SO) deferred stock units be settled?
Her deferred stock units will be settled in Southern Company common shares after her service on the Board ends. The specific settlement date or schedule is determined under the Deferred Compensation Plan for Outside Directors and chosen by the reporting person within that framework.
Is there an exercise or expiration date on Kristine L. Svinicki’s Southern Co (SO) deferred stock units?
There is no exercise or expiration date on these deferred stock units. Instead, they convert into Southern Company common stock on the date or dates following the termination of her Board service, as specified under the Deferred Compensation Plan for Outside Directors.
How was the quarterly director equity retainer for Southern Co (SO) delivered to Kristine L. Svinicki?
The quarterly director equity retainer was delivered as 473.0866 deferred stock units under the 2021 Equity and Incentive Compensation Plan. Those units were immediately deferred into the Deferred Compensation Plan, where they can also grow through a dividend reinvestment feature over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
