Southern Company director Turner receives stock grant
The director retainer is deferred as units representing rights to Southern Company shares, with settlement on dates following Board service as specified by the director.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Southern Company director John M. Turner Jr. acquired 913.5019 deferred stock units on October 1, 2026, representing a quarterly director cash and equity retainer deferred under the Southern Company 2021 Equity and Incentive Compensation Plan and the Deferred Compensation Plan for Outside Directors. Each unit represents the right to receive one share of common stock. His resulting reported holding was 4,359.3386 deferred stock units, including additional units from dividend reinvestment. Settlement is in shares on dates following termination of Board service, as specified by the director.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units Holding F1, F2, F3 | 913.5019 | $83.47 | $76K |
Footnotes (3)
- F1. Represents quarterly director cash and 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
Key Terms
deferred stock units financial
Deferred Compensation Plan for Outside Directors financial
dividend reinvestment feature financial
FAQ
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How many deferred stock units did SO director John M. Turner Jr. receive?
When does Southern Company settle director deferred stock units?
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