SOJF — what changed in the latest 10-Q
A section-by-section comparison of SOJF's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-11-05 vs the prior 10-Q · 2026-07-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +166 | −121 | ~181 | 176 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | +1 | 0 | ~1 | 1 |
| Other information | Text added/removed | +9 | −2 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-11-05
On November 4, 2026, in conjunction with a Rate CNP New Plant filing, Alabama Power requested authorization from the Alabama PSC to defer until 2029 the recovery of the costs associated with the Lindsay Hill Generating Station to reconcile the timing of that recovery with the apparent intent of the …
In addition to comprehensive pricing, early termination fees, and security features such as guarantees or surety bonds, Alabama Power has included in certain electric service contracts an Incremental Revenue Component (IRC) designed to further help mitigate Potential Cost Exposure (PCE) associated w…
On October 16, 2026, Alabama Power filed a petition with the Alabama PSC seeking authorization to establish a regulatory liability effective October 1, 2026 for future PCE to align with the IRC.
Alabama Power proposed in this petition that when the IRC amounts are billed, Alabama Power would identify a corresponding amount of PCE and record that amount as a regulatory liability, with a corresponding charge to amortization. This would allow Alabama Power to establish a regulatory liability t…
The ultimate outcome of this matter cannot be determined at this time.
Text removed vs the prior filing · source: 10-Q · 2026-07-30
In the first quarter 2026, Southern Power committed to development projects to upgrade certain turbines at its existing Franklin and Wansley natural gas facilities, which are projected to add up to 400 MWs of incremental capacity. Commercial operations for the incremental capacity at the natural gas…
At June 30, 2026, Southern Power's average investment coverage ratio for its generating assets, including those owned with various partners, based on the ratio of investment under contract to total investment using the respective facilities' net book value (or expected in-service value for facilitie…
On June 16, 2026, in connection with Nicor Gas' 2023 general base rate case proceeding, the Illinois Appellate Court determined that the Illinois Commission did not provide sufficient support for its disallowance of $43 million of Nicor Gas' planned capital investments that were expected to be compl…
On July 21, 2026, Nicor Gas filed a petition for leave to appeal with the Illinois Supreme Court related to the capital structure approved in Nicor Gas' 2023 general base rate case proceeding. The Illinois Supreme Court is expected to rule on the petition on September 30, 2026.
The ultimate outcome of these matters cannot be determined at this time.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-11-05
In September 2026, Southern Company, Alabama Power, Georgia Power, and Mississippi Power implemented a new customer billing application. As a result, there were certain changes to processes and procedures, which resulted in changes to Southern Company's, Alabama Power's, Georgia Power's, and Mississ…
Other information
Text added vs the prior filing · source: 10-Q · 2026-11-05
On October 30, 2026, Southern Company announced the following management changes, effective January 1, 2027:
•Kimberly S. Greene, currently Chairman, President, and Chief Executive Officer of Georgia Power, will serve as Executive Vice President and President, Southern Company Operations of Southern Company; and
•Stanley W. Connally, Jr., currently Executive Vice President and Chief Operating Officer of Southern Company, will serve as Chairman, President, and Chief Executive Officer of Georgia Power.
Biographical information for Ms. Greene and Mr. Connally is included in Southern Company's Annual Report on Form 10-K for the year ended December 31, 2025. Except as disclosed in Southern Company's Definitive Proxy Statement for its 2026 Annual Meeting of Stockholders, filed on April 3, 2026, there …
Compensation decisions for Ms. Greene and Mr. Connally in their new roles have not yet been made; any material changes to their compensation will be reported in a current or periodic report within four business days after the information is determined or becomes available.
Text removed vs the prior filing · source: 10-Q · 2026-07-30
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 June 30, 2026 for Southern Company's directors and "officers," as defined in Rule…
Peter P. Sena IIIChairman, President, and Chief Executive Officer of Southern NuclearMay 5, 2026September 1, 20274,266
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice