Form 4: Edison International EVP Exercises Options, Maintains Stake

Edison International Executive Vice President Jill Charlotte Anderson exercised stock options and simultaneously disposed of an equal number of shares, maintaining her direct beneficial ownership.

Summary

• Jill Charlotte Anderson, Executive Vice President of Southern California Edison Company (a subsidiary of Edison International), engaged in multiple transactions involving Edison International (EIX) common stock on February 27, 2026, and March 2, 2026.
• Anderson exercised non-qualified stock options for a total of 52,873 shares across four separate transactions.
• The exercise prices for these options ranged from $54.91 to $63.65 per share.
• Concurrently, Anderson disposed of a total of 52,873 shares.
• Of the disposed shares, 45,988 were withheld by EIX to cover the exercise price and minimum tax withholding obligations.
• An additional 6,885 shares were sold in the open market at prices ranging from $74.55 to $74.72 per share.
• The net effect of all reported transactions on Anderson's direct beneficial ownership was zero, maintaining a direct holding of 18,592 shares.
• Anderson also holds an indirect beneficial ownership of 345.2819 shares through the Edison 401(k) Savings Plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine executive compensation event. The exercise of options and subsequent disposition of an equal number of shares to cover costs and taxes is a neutral action, but the monetization of vested equity can be seen as slightly positive, indicating the executive is realizing value from their compensation.

Positives

• The executive exercised a significant number of vested stock options, indicating the value of the company's equity compensation program.
• The exercise prices were substantially lower than the market prices at which shares were withheld or sold, suggesting a profitable realization for the executive.

Negatives

• A substantial portion of the shares acquired through option exercise were immediately disposed of (either withheld for taxes/exercise costs or sold), preventing an increase in the executive's direct equity stake.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that executive option exercises and subsequent sales are a common form of compensation realization in the utility sector, reflecting a standard practice for executives to monetize vested equity awards while often covering associated tax liabilities.

Comparison to Industry Standards

• StockSavvy.ai observes that the exercise of vested stock options and the sale of shares to cover taxes and exercise costs are standard practices for executive compensation across publicly traded companies, including utilities like Duke Energy (DUK) or NextEra Energy (NEE).
• The transaction prices reflect market rates at the time of the transactions, consistent with typical executive equity monetization strategies.

Stakeholder Impact

• Shareholders may view the executive's monetization of options as a normal part of compensation, with the net zero change in direct ownership indicating no significant shift in the executive's personal investment in the company.

Key Dates

Keywords

Edison International, EIX, insider transaction, Form 4, executive compensation, stock options, share sale, Jill Charlotte Anderson, Southern California Edison