Akella Janaki 4

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.