Akella Janaki 4

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.