Form 4: Director Marcy L. Reed Receives Edison International Units

Director Marcy L. Reed was granted 2,737 deferred stock units following her re-election to the Edison International board.

Summary

• Director Marcy L. Reed acquired 2,737 deferred stock units (DSUs) on April 23, 2026.
• The grant was issued in connection with her re-election as a director at the company's annual meeting.
• Each DSU represents a right to receive one share of Edison International common stock.
• The total beneficial ownership for the director following this transaction is 14,647.0828 units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.
• Standard governance practice of granting equity upon re-election.

Future Outlook

The deferred stock units are scheduled to be settled upon the director's retirement, resignation, death, or disability, unless an alternative date is elected.

Industry Context

StockSavvy.ai notes that equity grants for board members are a standard corporate governance mechanism in the utility sector to ensure directors maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The grant of deferred stock units upon re-election is consistent with standard compensation practices for directors at large-cap utility companies like Duke Energy or Southern Company.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• Settlement of units upon the director's departure from the board or other elected date.

Key Dates

Keywords

Edison International, EIX, Form 4, Director Compensation, Insider Ownership