Form 4: Edison International Executive Natalie K. Schilling Reports Stock Transactions
SEC Form 4 Filing
Natalie K. Schilling, a Senior VP and Chief HR Officer at Edison International, reported the vesting of restricted stock units and related transactions on January 2, 2025.
Summary
- Natalie K. Schilling, a Senior VP and Chief HR Officer at Edison International, reported transactions involving the company's common stock on January 2, 2025.
- These transactions included the vesting of 2,473.7432 restricted stock units, which converted into an equal number of common stock shares.
- A portion of the award was settled in cash, resulting in the disposal of 798 shares to cover taxes at a price of $80.01 per share.
- An additional 0.7432 shares were disposed of for cash at $80.01 per share.
- Following these transactions, Ms. Schilling directly owns 8,045.785 shares of Edison International common stock.
Sentiment
Score: 7
Explanation: The document reflects routine insider transactions related to executive compensation, which is neither positive nor negative. The transactions are expected and do not indicate any significant change in the company's outlook.
Industry Context
This is a routine filing related to executive compensation and is typical for publicly traded companies. It provides transparency into the stock transactions of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The vesting of restricted stock units is a common form of executive compensation, aligning management interests with shareholder value.
- The tax withholding and cash settlement of a portion of the award is a typical practice.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation practices.
- The transactions do not have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the reported stock transactions, including vesting of restricted stock units and related disposals. |
| 01/06/2025 | Date the Form 4 was signed by Michael D. Barbieri, attorney-in-fact for Natalie K. Schilling. |
Keywords
Edison International, Stock Transactions, Restricted Stock Units, Form 4, Insider Trading, Executive Compensation, Natalie K. Schilling
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