Southern Company (NYSE: SO) director awarded deferred stock units
Rhea-AI Filing Summary
Southern Company director Kristine L. Svinicki reported a new deferred stock unit grant linked to company shares. On 01/02/2026 she acquired 516.055 deferred stock units at a reference price of $87.2 per unit as part of her quarterly director equity retainer under the Southern Company 2021 Equity and Incentive Compensation Plan.
Each deferred stock unit represents the right to receive one share of Southern Company common stock, and the units are settled in shares after her service on the Board ends, as specified under the Deferred Compensation Plan for Outside Directors. Following this transaction, she beneficially owned 10,488.3045 deferred stock units, a figure that also reflects additional units accumulated through the plan’s dividend reinvestment feature.
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FAQ
What insider transaction did Southern Company (SO) disclose for Kristine L. Svinicki?
Kristine L. Svinicki, a director of Southern Company, acquired 516.055 deferred stock units on 01/02/2026 as part of her quarterly director equity retainer under the company’s 2021 Equity and Incentive Compensation Plan.
What do the deferred stock units reported for Southern Company (SO) represent?
Each deferred stock unit represents the right to receive one share of Southern Company common stock, delivered under the Deferred Compensation Plan for Outside Directors after the director’s Board service ends.
How many Southern Company (SO) deferred stock units does Kristine L. Svinicki now beneficially own?
After the 01/02/2026 grant of 516.055 units, Kristine L. Svinicki beneficially owned 10,488.3045 deferred stock units, including additional units acquired through the plan’s dividend reinvestment feature.
What was the reference price for the newly acquired Southern Company (SO) deferred stock units?
The newly acquired 516.055 deferred stock units were recorded at a price of $87.2 per unit for this equity retainer transaction.
When will the Southern Company (SO) deferred stock units for Kristine L. Svinicki be settled?
The deferred stock units are settled in shares of Southern Company common stock on the date or dates after the termination of Kristine L. Svinicki’s service on the Board, as specified by her under the Deferred Compensation Plan. The units have no exercise or expiration date.
How are additional Southern Company (SO) deferred stock units accumulated under the plan?
The reported total of 10,488.3045 deferred stock units includes additional units acquired through the dividend reinvestment feature of the Deferred Compensation Plan for Outside Directors.