Form 4: Edison International Director Equity Grant

Director M. Susan Hardwick received 2,737 deferred stock units as part of her election to the Edison International board.

Summary

• Reporting person M. Susan Hardwick was granted 2,737 deferred stock units (DSUs) on April 23, 2026.
• Each DSU represents a right to receive one share of Edison International common stock.
• The grant was issued in connection with the director's election to the board.
• The units are held directly by the reporting person.

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 health.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Value of the deferred stock units is subject to the future market performance of Edison International common stock.

Future Outlook

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

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the utility sector to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The grant of deferred stock units is consistent with standard director compensation packages for large-cap utility companies like Duke Energy or Southern Company.

Corporate Governance

Stakeholder Impact

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

Next Steps

• Settlement of deferred stock units upon the director's departure or elected date.

Key Dates

Keywords

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