The Southern Company (SO) reporting a proposed sale of 100 shares of Common Stock under a Form 144 notice tied to a performance stock vest dated 02/07/2024, described as a compensatory payment. The filing lists two prior reported dispositions by Matthew Kim: 100 shares on 05/01/2026 and 100 shares on 06/01/2026.
This filing is a notice of intent to sell by an affiliate under Form 144 and records recent small dispositions; it does not state proceeds, price, or whether sales were executed on exchange or privately.
Southern Co executive Peter P. Sena III reported routine equity compensation activity. On June 28, 2026, he acquired 667 performance restricted stock units, representing the second one‑third of an award originally granted on June 28, 2024, including 45 dividend equivalent units. A portion of the resulting common shares, 316 shares, was withheld to satisfy required state and federal tax withholding obligations, rather than sold in the open market. These transactions reflect vesting and tax payments, not discretionary open‑market buying or selling.
The Southern Company is offering up to 50,000,000 shares of its common stock through an equity distribution agreement that permits sales through sales agents and related forward sale structures, including initially priced forward transactions and collared forward transactions. The offering contemplates “at‑the‑market” sales and forward arrangements under which the Company may not initially receive proceeds when borrowed shares are sold by forward sellers; proceeds to the Company are expected upon physical settlement of certain forward transactions or on settlement dates specified in applicable forward sale agreements. The Company will pay sales commissions up to 1.00% and estimates offering expenses of approximately $740,000. The prospectus supplement discloses settlement mechanics, adjustment features (including dividend and interest‑rate related adjustments), acceleration and termination rights for forward purchasers, and potential dilution upon physical or net share settlement.
The Southern Company established an equity distribution program allowing the sale of up to 50,000,000 shares of common stock under a new Equity Distribution Agreement. Shares may be sold from time to time through multiple sales agents, either as agents or principals, and via forward and collared forward sale agreements with designated forward purchasers.
The company will receive cash when it sells shares directly or upon physical settlement of forward transactions, while it will not initially receive proceeds from the sale of borrowed shares used to hedge these forwards. Sales agents and forward sellers may earn commissions of up to 1.00% of the share sale price. All shares are registered on an existing shelf registration statement.
The Southern Company filed a Form S-3 shelf registration to register Common Stock, Preferred Stock, Senior Notes, Junior Subordinated Notes, Stock Purchase Contracts and Stock Purchase Units for sale from time to time after the effective date. The prospectus reserves detailed terms for later Prospectus Supplements. As context, the company reported 1,127,301,098 shares of Common Stock issued and outstanding as of March 31, 2026.
The Southern Company filed a Form 144 reporting a proposed sale of 100 shares of Common Stock (CUSIP 1127301098). The shares are linked to a Performance Stock Unit vest dated 02/07/2024 and were reported sold in the past three months on 05/01/2026 by Matthew M. Kim. The broker listed is Merrill Lynch (3455 Peachtree Road NE, Atlanta).
Southern Company Comptroller Matthew M. Kim reported a small insider sale of common stock. On June 1, 2026, he completed an open-market sale of 100 shares of Southern Company Common Stock at $91.16 per share.
After this sale, Kim directly holds 6,688 shares of Southern Company Common Stock and indirectly holds 1,212.1903 shares through a 401(k) plan. The transaction size is modest relative to his reported holdings and appears as routine portfolio activity.
Southern Company Chairman, President & CEO Christopher C. Womack reported compensation-related share activity. He exercised performance restricted stock units into 6,898 shares of Southern Company common stock, with 3,414 shares withheld to cover required state and federal tax obligations. Following these transactions, he holds 213,449.2496 shares directly and 2,603.3794 shares indirectly through a 401(k) plan.
The Southern Company reported the results of its Annual Meeting of Stockholders held on May 13, 2026. Stockholders elected twelve director nominees, each receiving about 97% to 99% of votes cast. For example, Janaki Akella received 784,876,449 votes for, or 98.68% of votes cast, and John M. Turner, Jr. received 787,367,826 votes for, or 99.00% of votes cast.
The filing also lists several other stockholder voting results on ten matters overall, with detailed counts for votes for, votes against, abstentions, and broker non-votes. In addition, the company filed as exhibits a Certificate of Amendment and a Restated Certificate of Incorporation, each dated and effective May 13, 2026.
The Southern Co. ownership disclosure: Capital World Investors reports beneficial ownership of 63,022,016 shares of Common Stock, representing 5.6% of the 1,125,750,586 shares believed outstanding (positions stated in the filing as of the reporting period). The filer reports 62,527,269 shares of sole voting power and 63,022,016 shares of sole dispositive power. The filing notes certain convertible preferred instruments and exchangeable debt that were converted to common share equivalents in the disclosed total.