{"scope": "company", "symbol": "SO", "name": "Southern Company", "intelligence": {"score": 13, "label": "Concentrated distribution", "tone": "negative", "stance": "Review exposure and filing context", "brief": "Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.", "confidence": 98, "confidence_label": "Deep evidence", "filings": 45, "companies": 1, "insiders": 20, "signal_events": 11, "acquisition_events": 0, "disposal_events": 11, "acquisition_share": 0.0, "disposal_share": 100.0, "acquisition_value": 1403250.0216, "disposal_value": 5639564.85, "net_value": -4236314.8284, "acquisition_value_label": "$1.4M", "disposal_value_label": "$5.6M", "net_value_label": "-$4.2M", "data_quality": 84, "priced_common_share": 24, "latest_date": "2026-08-06", "latest_signal_date": "2026-08-06", "oldest_date": "2026-03-18", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 14, "bar_width": 45.2}, {"key": "equity_award", "label": "Equity compensation", "count": 31, "bar_width": 100.0}, {"key": "derivative", "label": "Options and derivatives", "count": 0, "bar_width": 0.0}, {"key": "other", "label": "Other securities", "count": 0, "bar_width": 0.0}], "roles": [{"label": "Director", "count": 26, "bar_width": 100.0}, {"label": "Other or unspecified", "count": 12, "bar_width": 46.2}, {"label": "CEO and chair", "count": 7, "bar_width": 26.9}], "supports": ["Participation spans 20 named insiders rather than one filing source.", "The latest qualifying evidence is fresh, dated 06 Aug 2026."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.", "Most filings are awards, derivatives, unpriced common shares, or other securities and remain contextual."]}, "timeline": [{"start": "2026-05-25", "label": "25 May", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-01", "label": "01 Jun", "acquisitions": 0, "disposals": 1, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 1, "height": 7.7, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-06-08", "label": "08 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-15", "label": "15 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-22", "label": "22 Jun", "acquisitions": 1, "disposals": 2, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 3, "height": 23.1, "acquisition_height": 33.3, "disposal_height": 66.7}, {"start": "2026-06-29", "label": "29 Jun", "acquisitions": 12, "disposals": 1, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 13, "height": 100.0, "acquisition_height": 92.3, "disposal_height": 7.7}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 0, "disposals": 2, "qualified_acquisitions": 0, "qualified_disposals": 2, "total": 2, "height": 15.4, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-08-10", "label": "10 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}], "market": {"latest_week": "2026-08-07", "latest_close": "92.690000", "currency": "USD", "one_week_change": "-1.956843664057541781256610958", "thirteen_week_change": "-3.054073841648363141930760381", "four_week_change": "-3.054073841648363141930760381", "range_high": "99.260000", "range_low": "88.348511", "average_volume": 27513033, "relative_strength": "-9.813100", "market_dynamics": "0.114522", "fair_value": "80.811675", "fair_value_gap": "14.69877341361876238798416194", "trend_signal": "1", "one_week_change_label": "-2.0%", "thirteen_week_change_label": "-3.1%", "four_week_change_label": "-3.1%", "fair_value_gap_label": "+14.7%"}, "transactions": [{"date": "2026-08-06", "insider": "SPAINHOUR, STERLING A JR.", "role": "EVP & CLO", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "313368.6600", "value_label": "$313.4K"}, {"date": "2026-08-03", "insider": "KIM, MATTHEW M.", "role": "Comptroller", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "9428.0000", "value_label": "$9.4K"}, {"date": "2026-07-01", "insider": "SMITH, WILLIAM G JR", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "82500.0016", "value_label": "$82.5K"}, {"date": "2026-07-01", "insider": "GRAIN, DAVID J", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "81250.0011", "value_label": "$81.3K"}, {"date": "2026-07-01", "insider": "MEADOR, DAVID E", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "76249.9993", "value_label": "$76.2K"}, {"date": "2026-07-01", "insider": "TURNER, JOHN M JR", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "76249.9993", "value_label": "$76.2K"}, {"date": "2026-07-01", "insider": "AKELLA, JANAKI", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "44999.9974", "value_label": "$45.0K"}, {"date": "2026-07-01", "insider": "COOPER, SHANTELLA E.", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "44999.9974", "value_label": "$45.0K"}, {"date": "2026-07-01", "insider": "EARLEY, ANTHONY F JR", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "44999.9974", "value_label": "$45.0K"}, {"date": "2026-07-01", "insider": "ETHEREDGE, JAMES O", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "44999.9974", "value_label": "$45.0K"}, {"date": "2026-07-01", "insider": "JOHNS, JOHN D", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "44999.9974", "value_label": "$45.0K"}, {"date": "2026-07-01", "insider": "SVINICKI, KRISTINE L", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "44999.9974", "value_label": "$45.0K"}, {"date": "2026-07-01", "insider": "THOMAS, LIZANNE", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "44999.9974", "value_label": "$45.0K"}, {"date": "2026-07-01", "insider": "EARLEY, ANTHONY F JR", "role": "Director", "side": "Acquisition", "security": "Phantom Stock Units", "evidence_class": "equity_award", "value": "21875.0032", "value_label": "$21.9K"}, {"date": "2026-07-01", "insider": "KIM, MATTHEW M.", "role": "Comptroller", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "9577.0000", "value_label": "$9.6K"}, {"date": "2026-06-28", "insider": "SENA, PETER P III", "role": "Chairman,President & CEO, SNC", "side": "Disposal", "security": "Performance Restricted Stock Units", "evidence_class": "equity_award", "value": null, "value_label": "Not reported"}, {"date": "2026-06-28", "insider": "SENA, PETER P III", "role": "Chairman,President & CEO, SNC", "side": "Acquisition", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-06-28", "insider": "SENA, PETER P III", "role": "Chairman,President & CEO, SNC", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "30702.5600", "value_label": "$30.7K"}, {"date": "2026-06-01", "insider": "KIM, MATTHEW M.", "role": "Comptroller", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "9116.0000", "value_label": "$9.1K"}, {"date": "2026-05-24", "insider": "WOMACK, CHRISTOPHER C", "role": "Chairman, President & CEO", "side": "Acquisition", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-24", "insider": "WOMACK, CHRISTOPHER C", "role": "Chairman, President & CEO", "side": "Disposal", "security": "Performance Restricted Stock Units", "evidence_class": "equity_award", "value": "652205.9000", "value_label": "$652.2K"}, {"date": "2026-05-24", "insider": "WOMACK, CHRISTOPHER C", "role": "Chairman, President & CEO", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "322793.7000", "value_label": "$322.8K"}, {"date": "2026-05-01", "insider": "KIM, MATTHEW M.", "role": "Comptroller", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "9657.0000", "value_label": "$9.7K"}, {"date": "2026-04-01", "insider": "KIM, MATTHEW M.", "role": "Comptroller", "side": "Disposal", "security": "Southern Co Restricted Stock Units", "evidence_class": "equity_award", "value": null, "value_label": "Not reported"}, {"date": "2026-04-01", "insider": "KIM, MATTHEW M.", "role": "Comptroller", "side": "Disposal", "security": "Southern Co Restricted Stock Units", "evidence_class": "equity_award", "value": null, "value_label": "Not reported"}, {"date": "2026-04-01", "insider": "KIM, MATTHEW M.", "role": "Comptroller", "side": "Acquisition", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-04-01", "insider": "KIM, MATTHEW M.", "role": "Comptroller", "side": "Disposal", "security": "Performance Restricted Stock Units", "evidence_class": "equity_award", "value": null, "value_label": "Not reported"}, {"date": "2026-04-01", "insider": "SMITH, WILLIAM G JR", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "82500.0018", "value_label": "$82.5K"}, {"date": "2026-04-01", "insider": "GRAIN, DAVID J", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "81249.9993", "value_label": "$81.2K"}, {"date": "2026-04-01", "insider": "MEADOR, DAVID E", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "76249.9989", "value_label": "$76.2K"}, {"date": "2026-04-01", "insider": "TURNER, JOHN M JR", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "76249.9989", "value_label": "$76.2K"}, {"date": "2026-04-01", "insider": "AKELLA, JANAKI", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "45000.0036", "value_label": "$45.0K"}, {"date": "2026-04-01", "insider": "COOPER, SHANTELLA E.", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "45000.0036", "value_label": "$45.0K"}, {"date": "2026-04-01", "insider": "EARLEY, ANTHONY F JR", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "45000.0036", "value_label": "$45.0K"}, {"date": "2026-04-01", "insider": "ETHEREDGE, JAMES O", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "45000.0036", "value_label": "$45.0K"}, {"date": "2026-04-01", "insider": "JAMES, DONALD M", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "45000.0036", "value_label": "$45.0K"}, {"date": "2026-04-01", "insider": "JOHNS, JOHN D", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "45000.0036", "value_label": "$45.0K"}, {"date": "2026-04-01", "insider": "KLEIN, DALE E.", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "45000.0036", "value_label": "$45.0K"}, {"date": "2026-04-01", "insider": "SVINICKI, KRISTINE L", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "45000.0036", "value_label": "$45.0K"}, {"date": "2026-04-01", "insider": "THOMAS, LIZANNE", "role": "Director", "side": "Acquisition", "security": "Deferred Stock Units Holding", "evidence_class": "equity_award", "value": "45000.0036", "value_label": "$45.0K"}, {"date": "2026-04-01", "insider": "EARLEY, ANTHONY F JR", "role": "Director", "side": "Acquisition", "security": "Phantom Stock Units", "evidence_class": "equity_award", "value": "28875.0040", "value_label": "$28.9K"}, {"date": "2026-04-01", "insider": "KIM, MATTHEW M.", "role": "Comptroller", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "7949.0800", "value_label": "$7.9K"}, {"date": "2026-03-30", "insider": "GREENE, KIMBERLY S,", "role": "Chairman, President & CEO, GPC", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "2416750.0000", "value_label": "$2.4M"}, {"date": "2026-03-19", "insider": "CUMMISKEY, CHRISTOPHER", "role": "EVP", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "643891.9500", "value_label": "$643.9K"}, {"date": "2026-03-18", "insider": "CONNALLY, STAN W", "role": "EVP & COO", "side": "Disposal", "security": "Southern Company Common Stock", "evidence_class": "common_equity", "value": "1214125.0000", "value_label": "$1.2M"}], "method": "Directional scores use deduplicated, priced common-share evidence with asymmetric disposal weighting, role, freshness, and size controls."}