Southern Co: director David J Grain received 973.404 shares

What happened

• David J Grain, director, received 973.404 deferred stock units as an award (transaction code A) on Oct 01, 2026, at $83.47 per unit, total reported value $81,250. The filing lists the award as a derivative.

Key details

• Transaction date and price: Oct 01, 2026; $83.47 per unit; total $81,250.
• Filing date: Oct 05, 2026.
• Shares owned after the transaction: not reported in this filing.
• Footnotes:
  • F1: Units represent quarterly director cash and 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 represents the right to receive one share of Southern Company common stock.
  • F2: Deferred stock units are settled in shares on dates following termination of Board service as specified by the reporting person; there is 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 a grant of deferred stock units under the company's deferred compensation plan, not a market purchase or sale; the units are to be 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.