Form 4: Edison International CEO's Scheduled Stock Award Vesting

Edison International's President and CEO of SCE, Steven D. Powell, reported the automatic vesting and payment of a scheduled equity award, resulting in both stock acquisition and cash settlement.

Summary

• Steven D. Powell, President and CEO of Southern California Edison Company (a subsidiary of Edison International), reported transactions related to an automatic, scheduled payment of an equity award.
• On January 2, 2026, 8,212.6366 shares of Common Stock were acquired upon the conversion of Restricted Stock Units (RSUs).
• A portion of the award was paid in cash, resulting in the disposition of 3,077 shares and an additional 0.6366 shares of Common Stock at a price of $60.93 per share.
• Following these transactions, Steven D. Powell beneficially owns 38,727.625 shares of Edison International Common Stock directly.
• The reported holdings include shares and restricted stock units acquired through dividend reinvestment, which are exempt from Section 16(a) reporting.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It's a routine, expected compensation event for an executive, which is generally a positive sign of continued alignment, but the cash disposition portion is a neutral event.

Positives

• The vesting of the equity award indicates a routine compensation event for a key executive, aligning management's interests with shareholder value.
• The acquisition of 8,212.6366 shares of Common Stock increases the executive's direct equity stake in the company.

Negatives

• A portion of the award, totaling 3,077.6366 shares, was disposed of for cash, which could be for tax obligations or personal liquidity rather than a direct investment decision.

Future Outlook

NA

Industry Context

This filing details a routine executive compensation event and does not provide broader industry context or trends. It reflects standard practices for equity-based incentive plans for senior leadership within the utility sector.

Related Party Transactions

• The transactions represent the vesting and payment of an equity award to Steven D. Powell, President and CEO of SCE, a subsidiary of Edison International. This is a standard compensation event between an executive and the company.

Stakeholder Impact

• Shareholders: The executive's increased direct ownership through stock acquisition aligns their interests with shareholder value. The cash disposition is a routine part of compensation and tax planning.
• Employees: No direct impact on general employees is indicated by this filing.
• Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Keywords

Edison International, EIX, Steven D. Powell, Form 4, Insider Transaction, Restricted Stock Units, Equity Award, CEO, Executive Compensation