Form 4: Edison International Director Carey A. Smith Reports Stock Transactions

Director Carey A. Smith of Edison International reported the acquisition and disposal of common stock and phantom stock units on January 1, 2025.

Summary

• Carey A. Smith, a director at Edison International, reported several transactions involving the company's stock on January 1, 2025.
• These transactions include the acquisition of 350.0902 shares of common stock and 350.0902 phantom stock units.
• Additionally, 1.0902 shares of common stock were disposed of at a price of $79.84 per share due to a cash-out of fractional shares.
• Following these transactions, Smith beneficially owns 2,907 shares of common stock and 11,225.1972 phantom stock units.
• The phantom stock units are to be settled upon the Reporting Person's retirement, resignation, death or disability, unless another date(s) is elected by the Reporting Person.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, and this filing is consistent with those requirements.
• The transactions reported are typical for directors who receive stock-based compensation and participate in dividend reinvestment programs.
• The cash-out of fractional shares is a common practice to simplify shareholding.

Stakeholder Impact

• The transactions reported have a minimal impact on shareholders as they are related to director compensation and fractional share adjustments.

Key Dates

Keywords

Edison International, stock transactions, Form 4, beneficial ownership, phantom stock, director, Carey A. Smith