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SOUTHERN CO Director's Dealing 2023

Feb 15, 2023

29866_dirs_2023-02-15_3dc3de0c-74bc-44f5-86b6-a79ce52c0115.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOUTHERN CO (SO)
CIK: 0000092122
Period of Report: 2023-02-13

Reporting Person: Connally Stan W (Executive Vice President, SCS)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-02-13 Southern Company Common Stock A 31277 $0.00 Acquired 125626 Direct
2023-02-13 Southern Company Common Stock F 13873 $67.13 Disposed 111753 Direct
2023-02-13 Southern Company Common Stock M 2243 $0.00 Acquired 113996 Direct
2023-02-13 Southern Company Common Stock F 996 $67.13 Disposed 113000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-02-13 Performance Restricted Stock Units $0.00 M 2161 Disposed Southern Company Common Stock (2161) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Southern Company Common Stock 13554.8219 Indirect

Footnotes

F1: Shares acquired upon vesting of performance share units under Company's Performance Share Program for the 2020-2022 award. The Compensation and Management Succession Committee certified performance on February 13, 2023. Includes accrued dividend equivalent units.

F2: Shares withheld to satisfy required state and federal tax withholding requirements.

F3: Shares acquired upon vesting of first 1/3 of performance restricted stock units granted on February 13, 2021. The Compensation Committee and Management Succession Committee certified performance on February 13, 2023. Includes 82
accrued dividend equivalent units.

F4: Represents first 1/3 of performance restricted stock units granted on February 13, 2022. The remaining award will vest 1/3 in 2024 and 1/3 in 2025. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.