Drake Sloane N, EVP and CHRO, has demonstrated a consistent pattern of selling Southern Company (SO) stock over the past two years, with no recorded purchases in the same period. According to SEC Form 4 filings, Sloane executed 42 transactions exclusively involving SO, all of which were sales totaling $2,060,291.77. The most recent transactions occurred in early 2026, including a $61,704.84 sale on March 8 and a $543,334.28 sale on February 11—the latter being part of a larger $736,602.02 disposition the same day. Earlier sales in February 2026 included a $149,729.20 transaction on February 6 and a $69,036.63 sale on January 31.
The filings reveal a recurring trend of stock sales tied to equity awards (coded "F" for tax withholding or "M" for open market), with no offsetting buys. Sloane’s 2025 activity followed a similar pattern, including a $323,318.85 sale on February 5 and smaller dispositions throughout the month. The absence of any buying activity suggests a focus on liquidating vested equity rather than accumulating additional shares. All transactions were concentrated in SO, indicating no diversification across other securities. While the sales are routine and likely tied to compensation-related events, the consistency and volume underscore a clear dispositional bias over the observed period.
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