Anderson Bryan D 4
4 · SOUTHERN CO · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Southern Co (SO) EVP Bryan D. Anderson Receives Awards, Shares Withheld
What Happened
Bryan D. Anderson, Executive Vice President of Southern Company (SO), received shares when performance-based awards vested on February 11, 2026. The filing shows 26,326 shares issued upon vesting of performance share units (2023–2025 PSU award) and 1,716 shares from the first 1/3 vesting of performance restricted stock units (PRSUs), for a total of 28,042 shares acquired. To satisfy withholding obligations, 13,190 shares and 941 shares were withheld (disposed) at $90.86 per share, totaling $1,283,942. The Form 4 also includes exercise/conversion entries (derivative conversion) related to the PRSU settlement mechanics.
Key Details
- Transaction date: February 11, 2026; Form 4 filed February 13, 2026 (timely filing).
- Awards vested: 26,326 shares (PSUs) and 1,716 shares (first 1/3 of PRSUs).
- Shares withheld for taxes: 13,190 and 941 shares at $90.86/share; total withheld value ≈ $1,283,942.
- Reporting codes: A = award/acquisition on vesting; M = exercise/conversion of derivative units; F = shares withheld/used to satisfy tax liability.
- Shares owned after the transactions: not shown in the provided excerpt of the filing.
- Footnote highlights:
- Committee certified performance for the 2023–2025 PSU award (F1).
- Withholding was done to satisfy state and federal tax requirements (F2).
- The PRSU vesting included accrued dividend equivalents (56 units) and represents the first of three installments; remaining installments vest in 2027 and 2028 (F3, F4).
Context
- This activity reflects routine vesting and net share settlement of performance-based compensation rather than an open-market sale or purchase by the insider. The disposals (code F) were solely to cover tax obligations, a common practice.
- Derivative/“M” entries indicate conversion/settlement of restricted/performance units into shares; some of those shares were then withheld for taxes (net settlement), not indicative of a directional bet on the stock.
Insider Transaction Report
- Award
Southern Company Common Stock
[F1]2026-02-11+26,326→ 79,804 total - Tax Payment
Southern Company Common Stock
[F2]2026-02-11$90.86/sh−13,190$1,198,443→ 66,614 total - Exercise/Conversion
Southern Company Common Stock
[F3]2026-02-11+1,716→ 68,330 total - Tax Payment
Southern Company Common Stock
[F2]2026-02-11$90.86/sh−941$85,499→ 67,389 total - Exercise/Conversion
Performance Restricted Stock Units
[F4]2026-02-11−1,660→ 3,319 totalExercise: $0.00→ Southern Company Common Stock (1,660 underlying)
Footnotes (4)
- [F1]Shares acquired upon vesting of performance share units under Company's Performance Share Program for the 2023-2025 award. The Compensation and Talent Development Committee certified performance on February 11, 2026. Includes accrued dividend equivalent units.
- [F2]Shares withheld to satisfy required state and federal tax withholding requirements.
- [F3]Shares acquired upon vesting of first 1/3 of performance restricted stock units granted on February 5, 2025. The Compensation and Talent Development Committee certified performance on February 11, 2026. Includes 56 accrued dividend equivalent units.
- [F4]Represents first 1/3 of performance restricted stock units granted on February 5, 2025. The remaining award will vest 1/3 in 2027 and 1/3 in 2028. 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.