Insider Trading March 31, 2026

Southern Co. CEO Sells $2.4M in Shares as Company Posts Strong 2025 Results

Kimberly Greene disposes of 25,000 shares; Southern posts higher adjusted EPS and completes a $1.3B note offering amid multiple analyst upgrades

By Sofia Navarro SO
Southern Co. CEO Sells $2.4M in Shares as Company Posts Strong 2025 Results
SO

Kimberly S. Greene, Southern Co.'s chairman, president and CEO, sold 25,000 shares of common stock on March 30, 2026, for $96.67 per share, netting $2,416,750 and leaving her with 103,602 shares. Southern reported improved fourth-quarter and full-year 2025 adjusted EPS, completed a $1.3 billion subordinated note issuance, and received several analyst price-target increases and rating changes. Mississippi Power named Fredie Carmichael to a senior communications and customer solutions role effective March 16.

Key Points

  • Kimberly S. Greene sold 25,000 shares of Southern Company stock on March 30, 2026, for $96.67 per share, totaling $2,416,750; she now directly owns 103,602 shares.
  • Southern Co. reported Q4 2025 adjusted EPS of $0.55 versus $0.50 a year earlier, and full-year 2025 adjusted EPS of $4.30, up from $4.05 and at the top end of guidance.
  • The company issued $1.3 billion in Series 2026A 6.00% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due April 1, 2058, and saw multiple analyst upgrades and higher price targets.

Insider transaction

Kimberly S. Greene, who serves as chairman, president and CEO of Southern Company (NYSE: SO), executed a sale of 25,000 shares of Southern Company common stock on March 30, 2026. The shares were sold at $96.67 apiece for total proceeds of $2,416,750. After the disposition, Greene directly holds 103,602 shares of the company.


Earnings snapshot

Southern Co. reported adjusted earnings per share of $0.55 for the fourth quarter of 2025, up from $0.50 in the same quarter a year earlier. For the full year 2025, adjusted EPS reached $4.30, an increase from $4.05 in 2024, and noted as meeting the top end of the companys guidance range.


Financing activity

As part of its financing program, Southern Co. announced a $1.3 billion note offering. The company issued its Series 2026A 6.00% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due April 1, 2058.


Analyst moves

Several brokerage firms adjusted their views on Southern Co. Evercore ISI upgraded the stock to Outperform from In Line and raised its price target to $111 from $103. TD Cowen increased its price target to $112 from $108 while maintaining a Buy rating, citing the companys growth strategy in Georgia. KeyBanc upgraded the stock to Sector Weight from Underweight, noting the disappearance of Southern Co.s historical valuation premium.


Corporate appointment

In other corporate news, Mississippi Power, a Southern Co. subsidiary, appointed Fredie Carmichael as vice president of Customer Solutions and Corporate Communications, effective March 16.


Context and takeaways

The insider sale by the companys chief executive and the updated shareholding total are reported alongside recent operational and capital-market developments. Southern Co.s reported earnings improvements for both the fourth quarter and the full year of 2025, the completion of a sizeable subordinated note offering, and several analyst rating and target adjustments. The subsidiary-level appointment at Mississippi Power was effective March 16.

Risks

  • The issuance of $1.3 billion in junior subordinated notes represents additional long-term financing; this debt activity affects the company's capital structure and credit-sensitive stakeholders in the utilities and finance sectors.
  • Insider share sale by the CEO may raise questions for some investors regarding timing and insider liquidity, impacting investor sentiment in the utilities sector and equity markets.
  • Analyst rating changes and price-target revisions reflect shifting market opinions; differences in analyst views could contribute to stock-price volatility in the short term for Southern Co. shares.

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