Form 4: Director Timothy O'Toole Receives Edison International Units

Director Timothy O'Toole was granted 2,737 deferred stock units following his re-election to the Edison International board.

Summary

• Director Timothy O'Toole received a grant of 2,737 deferred stock units (DSUs) on April 23, 2026.
• The grant was issued in connection with his 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.
• Following this transaction, the reporting person holds a total of 28,439.2613 deferred stock 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

• The grant aligns director compensation with long-term shareholder interests through equity-based incentives.
• The transaction reflects the continued service and re-election of a board member.

Negatives

• None identified.

Risks

• The value of the deferred stock units is directly tied to the future performance of Edison International common stock.

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 by the reporting person.

Management Comments

• Each deferred stock unit is equal in value to one share of Edison International Common Stock.

Industry Context

StockSavvy.ai notes that equity grants for board members are standard corporate governance practice in the utility sector to ensure alignment between directors and shareholders.

Comparison to Industry Standards

• The use of deferred stock units for director compensation is consistent with standard practices among large-cap utility companies like PG&E, Sempra, and Duke Energy.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard board compensation practices.

Next Steps

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

Key Dates

Keywords

Edison International, EIX, Director Compensation, Form 4, Insider Transaction, Deferred Stock Units