Akella Janaki 4
4 · SOUTHERN CO · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Southern Co (SO) Director Janaki Akella Receives Award of 473 Shares
What Happened Janaki Akella, a member of Southern Company’s Board of Directors, was granted 473.087 deferred stock units (derivative award) on July 1, 2026. The units were valued at $95.12 each, totaling approximately $45,000. This was an award of director compensation (code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (timely filing).
- Award: 473.087 deferred stock units @ $95.12 per unit; total reported value $45,000.
- Shares owned after transaction: Not specified in the filing.
- Transaction type: Derivative grant under the Deferred Compensation Plan for Outside Directors (reported as a grant/award).
- Footnotes: F1–F3 indicate these are quarterly director equity retainer units deferred under the Deferred Compensation Plan; each unit represents the right to one share, units settle in shares after the director leaves the Board, and additional units may include dividend reinvestment.
Context Deferred stock units are a form of compensation that convert to actual shares per the director deferral plan upon termination of board service. This is routine director compensation and does not indicate an immediate purchase or sale of stock.
Insider Transaction Report
Form 4
Akella Janaki
Director
Transactions
- Award
Deferred Stock Units Holding
[F1][F2][F3]2026-07-01$95.12/sh+473.087$45,000→ 21,178.98 totalExercise: $0.00→ Southern Company Common Stock (473.087 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.
Signature
/s/ Brittney Anderson, Attorney-in-Fact for Janaki Akella|2026-07-02