Southern Co director granted deferred stock units
Southern Company director Lizanne Thomas acquired additional deferred stock units as part of her board compensation.
Rhea-AI Filing Summary
Southern Company director Lizanne Thomas acquired additional deferred stock units as part of her board compensation. On the reported date, she received 464.2047 deferred stock units at a reference value of $96.94 per unit under the 2021 Equity and Incentive Compensation Plan. Following this grant and related dividend reinvestment, her total deferred stock unit holdings are 7,224.4488 units. These deferred stock units will be settled in shares of Southern Company common stock after her service on the Board ends, according to her elections under the Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 464.2047 shares
Grant/Award
1 txn
Insider
Thomas Lizanne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units Holding | 464.2047 | $96.94 | $45K |
Holdings After Transaction:
Deferred Stock Units Holding — 7,224.4488 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: 464.2047 units
Reference value per unit: $96.94 per unit
Total deferred stock units after grant: 7,224.4488 units
3 metrics
Deferred stock units granted
464.2047 units
Quarterly director equity retainer on 2026-04-01
Reference value per unit
$96.94 per unit
Value used for deferred stock unit grant
Total deferred stock units after grant
7,224.4488 units
Holdings following reported transaction
Key Terms
Deferred Stock Units, Deferred Compensation Plan for Outside Directors of The Southern Company, dividend reinvestment feature
3 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..."
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 of The Southern Company financial
"...and deferred pursuant to the Deferred Compensation Plan for Outside Directors of The Southern Company (Deferred Compensation Plan)."
dividend reinvestment feature financial
"Includes additional deferred stock units acquired through the dividend reinvestment feature of the Deferred Compensation Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Southern Co (SO) director Lizanne Thomas report in this Form 4?
Lizanne Thomas reported receiving 464.2047 deferred stock units as part of her quarterly director equity retainer. The units were valued at $96.94 each and granted under Southern Company’s 2021 Equity and Incentive Compensation Plan, increasing her deferred stock unit holdings to 7,224.4488.
What are deferred stock units in the Southern Co (SO) director plan?
Deferred stock units represent the right to receive one share of Southern Company common stock for each unit. They are granted as part of the director’s equity retainer and are deferred under the Deferred Compensation Plan for Outside Directors until after board service ends.
When will Lizanne Thomas’s Southern Co deferred stock units be settled?
The deferred stock units will be settled in shares of Southern Company common stock after Lizanne Thomas’s service on the Board terminates. Settlement timing follows the schedule she specified under the Deferred Compensation Plan for Outside Directors, with no separate exercise or expiration date on the units.
How many Southern Co deferred stock units does Lizanne Thomas now hold?
After the reported grant, Lizanne Thomas holds a total of 7,224.4488 deferred stock units. This figure includes the 464.2047 units from her quarterly director equity retainer and additional units acquired through the dividend reinvestment feature of the Deferred Compensation Plan for Outside Directors.
Is this Southern Co Form 4 an open-market stock purchase or sale?
This Form 4 reflects a compensation-related grant, not an open-market trade. The 464.2047 deferred stock units were awarded as a quarterly director equity retainer under Southern Company’s 2021 Equity and Incentive Compensation Plan and deferred through the outside directors’ Deferred Compensation Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
