Form 4: Edison International CFO Reports Performance Share Award

Edison International's Executive VP and CFO, Maria C. Rigatti, reported the acquisition of 10,546 shares from a performance award and subsequent dispositions for tax and cash.

Summary

• Maria C. Rigatti, Executive VP and CFO of Edison International, reported transactions related to a performance share award.
• On February 25, 2026, Rigatti acquired 10,546.1679 shares of Edison International Common Stock as part of a performance share payment.
• These shares were part of an award with a three-year performance measurement period, which were not previously reportable as derivative securities under Section 16.
• A portion of the award was paid in shares, while another portion was paid in cash.
• Rigatti disposed of 4,481 shares at a price of $75.2 per share to cover tax withholding obligations (Transaction Code F).
• An additional 0.1679 shares were disposed of at $75.2 per share, representing the portion of the award that was paid in cash (Transaction Code D).
• Following these transactions, Rigatti beneficially owns 89,666 shares of Edison International Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine compensation payout to an executive, which is a standard part of corporate governance and incentive structures.

Positives

• Maria C. Rigatti received 10,546.1679 shares of Edison International Common Stock as a performance award, indicating successful achievement of performance targets over a three-year period.
• The award demonstrates alignment of executive compensation with company performance.

Negatives

• A portion of the acquired shares (4,481 shares) was immediately disposed of to cover tax obligations, reducing the net increase in direct ownership.
• A small fraction (0.1679 shares) was disposed of as part of a cash payment, further reducing share ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive compensation and ownership changes, which are routine events in publicly traded companies.

Stakeholder Impact

• Shareholders: Provides transparency regarding executive compensation and ownership, which is a routine aspect of corporate governance.
• Management: Reflects the payout of a performance-based incentive, aligning executive interests with company performance.

Key Dates

Keywords

Edison International, EIX, Maria C. Rigatti, Form 4, Insider Trading, Performance Shares, Executive Compensation, Stock Award, CFO