Item 5. Other Information.
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Item 5. Other Information.
The following table reports information regarding the adoption of "Rule 10b5-1 trading arrangements" or "non-Rule 10b5-1 trading arrangements," as defined in Item 408(a) of Regulation S-K, during the three months ended September 30, 2024 for Southern Company's directors and "officers," as defined in Rule 16a-1(f) under the Securities Exchange Act of 1934, as amended. There were no modifications or terminations of such trading arrangements during the three months ended September 30, 2024. Unless otherwise indicated, each trading arrangement listed below is a "Rule 10b5-1 trading arrangement," provides for the sale of shares of Southern Company's common stock, commences no earlier than the expiration of the cooling-off period required by Rule 10b5-1(c)(1)(ii)(B)(1) under the Securities Exchange Act of 1934, as amended, and terminates upon the earlier of the "Expiration Date" listed below or the completion of all sales. The Subsidiary Registrants had no reportable trading arrangements for the three months ended September 30, 2024.
| Name | Title | Date of Adoption | Expiration Date | Aggregate Number of Shares Covered | ||||||||||
| Martin B. Davis | Executive Vice President | August 6, 2024 | December 31, 2025 | 8,000(1) | ||||||||||
| J. Jeffrey Peoples | Chairman, President, and Chief Executive Officer of Alabama Power | September 5, 2024 | December 31, 2025 | 15,625(2) | ||||||||||
| Christopher C. Womack | Chairman, President, and Chief Executive Officer | September 5, 2024 | December 31, 2025 | 40,000 |
(1)The maximum number of shares that may be sold for Mr. Davis is the lesser of 8,000 and the number of shares that generates $400,000 in net proceeds.
(2)The maximum number of shares that may be sold for Mr. Peoples is the lesser of 15,625 and the number of shares that generates $1,250,000 in net proceeds.
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