JOHNS JOHN D 4

What Happened

• John D. Johns, a director of Southern Company (SO), was granted 464.205 deferred stock units on 2026-04-01. The units were recorded at an equivalent price of $96.94 per share, for a total reported value of $45,000. This was an award/retainer payment (derivative grant), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-01 at $96.94 per share (total value $45,000).
• Security/amount: 464.205 deferred stock units (each unit equals the right to one share).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing date: Form 4 filed 2026-04-02 for the 2026-04-01 grant (appears timely).
• Footnotes:
  • Units represent the quarterly director equity retainer under the 2021 Equity and Incentive Compensation Plan and are deferred under the Deferred Compensation Plan for Outside Directors (F1).
  • Deferred stock units settle in shares after the director leaves the board as specified by the director; there is no exercise or expiration date (F2).
  • The total includes additional units from dividend reinvestment under the plan (F3).

Context

• These are deferred stock units (a derivative award) that convert to actual Southern Company shares only when the director’s deferred compensation is paid out after board service ends. This is a routine director compensation event rather than an active market buy or sell, so it should not be interpreted as a direct signal of personal trading sentiment.