Akella Janaki 4
4 · SOUTHERN CO · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Southern Co (SO) Director Akella Janaki Receives Award of 464 Shares
What Happened Akella Janaki, a director of Southern Company (SO), was granted 464.205 deferred stock units on 2026-04-01 at an implied price of $96.94 per share, equal to $45,000. The transaction is reported as an award/acquisition (code A) and is recorded as a derivative grant under the company’s director deferred compensation plan rather than an open-market purchase.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely).
- Grant: 464.205 deferred stock units @ $96.94 per unit; total value reported $45,000.
- Transaction type: Award/Grant (derivative deferred stock units).
- Shares owned after transaction: not specified in the filing.
- Footnotes: units are a quarterly director equity retainer deferred under the Deferred Compensation Plan; each deferred stock unit equals the right to one share and will be settled in shares after the director’s board service ends. Units include dividend reinvestment; no exercise/expiration date.
Context Deferred stock units are compensation, not an open-market purchase or sale. They typically represent routine director pay and are settled into shares at a future date (often upon leaving the board), so they do not immediately change share float or indicate an active bullish or bearish trade by the director.
Insider Transaction Report
- Award
Deferred Stock Units Holding
[F1][F2][F3]2026-04-01$96.94/sh+464.205$45,000→ 20,534.919 totalExercise: $0.00→ Southern Company Common Stock (464.205 underlying)
Footnotes (3)
- [F1]Represents quarterly director 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.