Form 4: Edison International EVP Reports RSU Vesting, Tax Withholding
Statement of Changes in Beneficial Ownership
Edison International Executive Vice President Jill C. Anderson reported the vesting of restricted stock units and subsequent disposition of shares for tax obligations.
Summary
- Jill C. Anderson, Executive Vice President of Southern California Edison Company (a subsidiary of Edison International), reported transactions concerning her beneficial ownership of Edison International common stock.
- On January 2, 2026, Anderson acquired 2,545.0499 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- On the same date, 1,049 shares were disposed of at $60.93 per share to satisfy tax withholding obligations related to the RSU vesting.
- Additionally, 0.0499 shares were disposed of at $60.93 per share, representing a portion of the RSU award that was paid in cash.
- Following these transactions, Anderson directly holds 16,684 shares of common stock and indirectly holds 340.5482 shares through the Edison 401(k) Savings Plan.
- These transactions were automatic, scheduled payments as per the terms of the award.
Sentiment
Score: 5
Explanation: The filing reports a routine, scheduled executive compensation event involving RSU vesting and subsequent share dispositions for tax purposes. It is a neutral event with no significant positive or negative implications for the company's operational or financial performance.
Positives
- The vesting of 2,545.0499 Restricted Stock Units represents a scheduled compensation event for the executive, indicating fulfillment of equity incentive plans.
- The executive maintains a direct beneficial ownership of 16,684 shares of common stock, aligning her interests with long-term shareholder value.
Negatives
- The disposition of 1,049 shares at $60.93 per share for tax withholding reduces the executive's direct shareholding.
- A small portion of the award (0.0499 shares) was disposed of for cash payment, further reducing the equity component of the compensation.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This filing represents a routine executive compensation event common across publicly traded companies, where restricted stock units vest and a portion of shares are typically sold to cover tax liabilities. It does not indicate any specific industry-wide trends or competitive shifts.
Comparison to Industry Standards
- The RSU vesting and subsequent tax-related disposition are standard practices for executive compensation in large utility companies like Edison International.
- This type of transaction is consistent with compensation structures observed at peers such as Duke Energy, NextEra Energy, or Southern Company, where equity awards are a significant component of executive pay, and tax withholding upon vesting is a common occurrence.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine executive compensation disclosure.
- Indicates continued alignment of executive interests with company performance through equity ownership.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Date of earliest transaction (RSU vesting, share acquisition, and dispositions for tax/cash payment). |
| 01/05/2026 | Date the Form 4 was signed and filed. |
Keywords
Edison International, EIX, Jill C. Anderson, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Ownership, Tax Withholding, Southern California Edison
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