EARLEY ANTHONY F JR 4
4 · SOUTHERN CO · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Southern Co (SO) Director Anthony Earley Jr Receives Award
What Happened
Anthony F. Earley Jr., a director of Southern Company (SO), was granted deferred stock units on 2026-07-01 as director compensation. He received 473.087 deferred stock units at an implied value of $95.12 each ($45,000) and 229.973 deferred stock units at $95.12 each ($21,875), totaling 703.06 units valued at $66,875. These were recorded as grants/awards (derivative securities), not open-market purchases or sales.
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (appears timely).
- Grant details: 473.087 units @ $95.12 = $45,000; 229.973 units @ $95.12 = $21,875; total 703.06 units worth $66,875.
- Transaction code: A (award/grant, derivative).
- Shares owned after transaction: Not specified in this filing.
- Footnotes summary:
- F1/F2: Units are deferred stock units under the Deferred Compensation Plan; each unit equals the right to one share and is settled in shares after the director leaves the board.
- F3: Units may include dividend reinvestment.
- F4–F6: Separate phantom stock units (cash-settled) relate to deferred cash retainers and dividend credits (not the grants above).
Context
These grants are routine director compensation (deferred equity) rather than a market purchase or sale, and typically reflect standard retainer deferral elections. Deferred stock units are derivative rights to receive stock at settlement (usually after board service ends) and do not represent immediate share ownership or a prompt bullish signal.
Insider Transaction Report
- Award
Deferred Stock Units Holding
[F1][F2][F3]2026-07-01$95.12/sh+473.087$45,000→ 31,592.079 totalExercise: $0.00→ Southern Company Common Stock (473.087 underlying) - Award
Phantom Stock Units
[F4][F5][F6]2026-07-01$95.12/sh+229.973$21,875→ 858.973 totalExercise: $0.00→ Southern Company Common Stock (229.973 underlying)
Footnotes (6)
- [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.
- [F4]Represents quarterly director cash retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan and deferred pursuant to the Deferred Compensation Plan. Each phantom stock unit represents the right to receive the cash value of one share of Southern Company common stock.
- [F5]Phantom stock units are settled in cash 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.
- [F6]Includes additional phantom stock units credited to the reporting person's account to reflect dividends paid on common stock prior to settlement pursuant to the Deferred Compensation Plan.