Cherry Pedro P. 4

What Happened

• Pedro P. Cherry, Chairman, President & CEO of Southern Co (SO), reported the vesting/conversion of restricted stock units (RSUs) on 2026-02-05.
• The filing shows 550 shares acquired upon vesting at $0.00 (includes 19 dividend-equivalent units). To cover required tax withholding, 226 shares were withheld/disposed at $91.08 each for a cash value of $20,584. Net of withholding, Cherry received 324 shares from this vesting event.
• The report also lists a separate 531-share derivative conversion/disposition at $0.00 (see footnotes for award structure).

Key Details

• Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (timely).
• Reported entries:
  • Exercise/conversion (M): 550 shares acquired @ $0.00 (includes 19 dividend equivalents) — F1/F3.
  • Payment of tax liability (F): 226 shares disposed @ $91.08 = $20,584 — F2.
  • Exercise/conversion (M): 531 shares disposed @ $0.00 (derivative line) — see F3.
• Net shares received from this vesting: 324 shares (550 vested − 226 withheld).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: Vesting of first 1/3 of RSUs granted 2/5/2025 (includes 19 dividend-equivalent units).
  • F2: Shares were withheld to satisfy required federal/state tax withholding.
  • F3: Confirms this is the first 1/3 of a multi-year RSU grant (remaining 1/3 vests in 2027 and 2028); each RSU = one share and additional units accrue as deemed dividends.

Context

• This was not an open-market purchase or sale for investment purposes but a routine RSU vesting and associated tax-withholding transaction. Such withholdings are common and do not necessarily indicate a change in insider sentiment. The filing was made within the required reporting window.