secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN CO (SO)
CIK:        0000092122
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0000092122-25-000080
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southern Co adjusts conversion rate for Series 2023A 3.875% notes to 11.9035 shares per $1,000
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- Conversion rate adjusted to 11.9035 shares per $1,000 principal effective September 15, 2025.
- Adjustment triggered by six quarterly dividends exceeding the $0.70/share Distribution Threshold.
- Previously deferred conversion rate increases (each <1%) combined and applied now per indenture terms.
- Series 2023A 3.875% Convertible Senior Notes mature December 15, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92122/000009212225000080/0000092122-25-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92122/000009212225000080/so-20250915.htm
  HTML page:      https://secwatch.observer/filing/0000092122-25-000080

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