Southern Company (NYSE: SO) EVP reports equity vesting and tax-withholding trades
Rhea-AI Filing Summary
Southern Company executive Christopher Cummiskey, an EVP, reported multiple equity compensation transactions dated February 11, 2026. He acquired 22,178 Southern Company common shares at $0 through vesting of performance share units for the 2023–2025 award, and another 1,490 shares from performance restricted stock units.
To cover tax obligations, he disposed of 9,880 shares and 738 shares at $90.86 per share via tax-withholding transactions. After these movements, he directly owns about 37,469.4417 common shares, holds 2,880 performance restricted stock units, and indirectly holds 5,857.0111 shares in a 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units | 1,441 | $0.00 | -- |
| Grant/Award | Southern Company Common Stock | 22,178 | $0.00 | -- |
| Tax Withholding | Southern Company Common Stock | 9,880 | $90.86 | $898K |
| Exercise | Southern Company Common Stock | 1,490 | $0.00 | -- |
| Tax Withholding | Southern Company Common Stock | 738 | $90.86 | $67K |
| holding | Southern Company Common Stock | -- | -- | -- |
Footnotes (1)
- Shares acquired upon vesting of performance share units under Company's Performance Share Program for the 2023-2025 award. The Compensation and Talent Development Committee certified performance on February 11, 2026. Includes accrued dividend equivalent units. Shares withheld to satisfy required state and federal tax withholding requirements. Shares acquired upon vesting of first 1/3 of performance restricted stock units granted on February 5, 2025. The Compensation and Talent Development Committee certified performance on February 11, 2026. Includes 49 accrued dividend equivalent units. Represents first 1/3 of performance restricted stock units granted on February 5, 2025. The remaining award will vest 1/3 in 2027 and 1/3 in 2028. 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.
FAQ
What did SO EVP Christopher Cummiskey report in this Form 4?
What are the remaining performance restricted stock units mentioned in the SO filing?
How are SO’s performance awards structured for the EVP?