Form 4: Edison International Director James T. Morris Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director James T. Morris reports acquisition of 3,050 deferred stock units in Edison International, increasing his holdings to 25,817.7164 units.
Summary
- On April 24, 2025, James T. Morris, a director of Edison International, acquired 3,050 deferred stock units.
- These units were granted upon his re-election as a director at the Issuer's annual meeting.
- Each deferred stock unit is equal in value to one share of Edison International Common Stock.
- The deferred 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.
- Following the transaction, Morris beneficially owns 25,817.7164 deferred stock units, which includes additional units acquired through dividend reinvestment.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The filing indicates standard director compensation and alignment of interests with shareholders through equity ownership.
Positives
- The acquisition of deferred stock units aligns the director's interests with those of the shareholders.
- Dividend reinvestment further increases the director's stake in the company.
Future Outlook
The deferred stock units will be settled upon the Reporting Person's retirement, resignation, death or disability, unless another date(s) is elected by the Reporting Person.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of deferred stock units aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Acquisition of deferred stock units. |
| 04/25/2025 | Date of signature for the Form 4 filing. |
Keywords
Edison International, Director, Deferred Stock Units, Form 4, Beneficial Ownership, James T. Morris
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