Southern (NYSE: SO) EVP Cummiskey nets shares after RSU vesting events
Rhea-AI Filing Summary
Southern Company EVP Christopher Cummiskey reported routine equity compensation activity involving performance-based restricted stock units and common stock. On January 31, 2026, 1,794 shares of Southern Company common stock were acquired upon vesting of the second one-third of a January 31, 2024 performance RSU grant, including dividend equivalents, and 758 shares were withheld to cover tax obligations, leaving 23,538.4417 directly held shares.
On February 1, 2026, 1,715 additional shares were acquired upon vesting of the final one-third of a February 1, 2023 performance RSU grant, including dividend equivalents, with 834 shares withheld for taxes, bringing direct ownership to 24,419.4417 shares. The filing also shows 5,806.1007 common shares held indirectly in a 401(k) plan and 1,674 performance RSUs remaining from the January 31, 2024 grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units | 1,537 | $0.00 | -- |
| Exercise | Southern Company Common Stock | 1,715 | $0.00 | -- |
| Tax Withholding | Southern Company Common Stock | 834 | $89.31 | $74K |
| Exercise | Performance Restricted Stock Units | 1,674 | $0.00 | -- |
| Exercise | Southern Company Common Stock | 1,794 | $0.00 | -- |
| Tax Withholding | Southern Company Common Stock | 758 | $89.31 | $68K |
| holding | Southern Company Common Stock | -- | -- | -- |
Footnotes (1)
- Shares acquired upon vesting of second 1/3 of performance restricted stock units granted on January 31, 2024. Includes 120 accrued dividend equivalent units. Shares withheld to satisfy required state and federal tax withholding requirements. Shares acquired upon vesting of final 1/3 of performance restricted stock units granted on February 1, 2023. Includes 178 accrued dividend equivalent units. 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. 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.