Southern CFO logs stock vesting, tax withholdings
Southern Company EVP & CFO David P. Poroch reported routine equity compensation activity involving restricted stock units and related tax withholding.
Rhea-AI Filing Summary
Southern Company EVP & CFO David P. Poroch reported routine equity compensation activity involving restricted stock units and related tax withholding. On April 30, 2025, 58 Southern Company common shares were acquired from RSU vesting and an equal 58 shares were delivered to the company to cover FICA obligations.
On January 31, 2026, 725 shares were acquired upon vesting of restricted stock units granted in 2024 and 198 shares were withheld for state and federal taxes. On February 1, 2026, 731 shares were acquired from performance-based RSUs granted in 2023, with 256 shares withheld for income taxes. After these transactions, Poroch directly held about 40,904 Southern Company common shares plus additional units and shares in benefit plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,388 shares exercised/converted
Exercise
10 txns
Insider
Poroch David P.
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Southern Co. Restricted Stock Units Holdings | 655 | $0.00 | $0.00 |
| Exercise | Southern Company Common Stock | 731 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Southern Company Common Stock | 256 | $89.31 | $23K |
| Exercise | Southern Co Restricted Stock Units | 676 | $0.00 | $0.00 |
| Exercise | Southern Company Common Stock | 725 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Southern Company Common Stock | 198 | $89.31 | $18K |
| Exercise | Southern Co Restricted Stock Units | 57 | $0.00 | $0.00 |
| Exercise | Southern Company Common Stock | 58 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Southern Company Common Stock | 58 | $91.89 | $5K |
| holding | Southern Company Common Stock | -- | -- | -- |
Holdings After Transaction:
Southern Co. Restricted Stock Units Holdings — 0 contracts (Direct);
Southern Co Restricted Stock Units — 2,372 contracts (Direct);
Southern Company Common Stock — 40,904 shares (Direct);
Southern Company Common Stock — 5,477.2898 shares (Indirect, 401(k))
Footnotes (8)
- F1. Represents shares delivered to the Company to cover FICA withholding obligations due because Reporting Person is retirement eligible pursuant to his applicable stock grant documents. Includes 1 accrued dividend equivalent unit.
- F2. Represents shares delivered to the Company to cover FICA withholding obligations due because Reporting Person is retirement eligible pursuant to his applicable stock grant documents.
- F3. Shares acquired upon vesting of second 1/3 of restricted stock units granted on January 31, 2024. Includes 49 accrued dividend equivalent units.
- F4. Shares withheld to satisfy required state and federal tax withholding requirements.
- F5. Shares acquired upon vesting of final 1/3 of performance restricted stock units granted on February 1, 2023. Includes 76 accrued dividend equivalent units.
- F6. Represents final 1/3 of performance restricted stock units granted on February 1, 2023. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.
- F7. Represents second 1/3 of restricted stock units granted on January 31, 2024. The remaining award will vest in 2027. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.
- F8. Represents restricted stock units granted on February 5, 2025, payable in Southern Company common stock and vest 1/3 per year on the first, second and third anniversary of the grant date. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy income tax requirements.
FAQ
What insider activity did Southern Company (SO) report for EVP & CFO David P. Poroch?
Southern Company reported routine equity compensation activity for EVP & CFO David P. Poroch, including restricted stock unit vesting into common shares and share withholdings to cover FICA and income tax obligations across several 2025 and 2026 dates.
What happened with Southern Company (SO) performance-based RSUs on February 1, 2026?
On February 1, 2026, 731 Southern Company common shares were acquired upon vesting of the final one-third of performance restricted stock units granted on February 1, 2023, and 256 shares were withheld to cover income tax requirements associated with that performance-based vesting.
What derivative securities involving Southern Company (SO) did the CFO report?
The CFO reported multiple restricted stock unit positions, including performance and time-based awards. These units convert into Southern Company common stock at vesting, with each unit representing the right to receive one share and additional units accumulating through deemed dividend equivalents.
AI-generated analysis. How Rhea-AI works. Not financial advice.
