Southern Co: director Thomas Lizanne received 539.116 shares

What happened

• Thomas Lizanne, director, received 539.116 deferred stock units (each unit equals 1 share) at $83.47 per share, totaling $45,000, on Oct 1, 2026. The transaction is reported as a derivative award (code A).

Key details

• Transaction date and price: Oct 1, 2026; 539.116 units at $83.47 per unit.
• Filing date: Oct 5, 2026.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing:
  • F1: quarterly director equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan and deferred under the Deferred Compensation Plan for Outside Directors; each deferred stock unit equals 1 share.
  • F2: deferred stock units settle in shares of Southern Company common stock on dates following termination of board service as specified by the reporting person; no exercise or expiration date.
  • F3: includes additional deferred stock units acquired through the dividend reinvestment feature of the Deferred Compensation Plan.

Why it may matter

• This was an award of deferred stock units under the Deferred Compensation Plan, not a market sale; units are settled in shares after the reporting person's board service ends.
• This filing does not show why the insider traded or why the company acted.