Form 4: Edison International Executive Reports Stock Transactions Following Performance Share Payment

Natalie K. Schilling, Senior VP & Chief HR Officer at Edison International, reports transactions involving common stock related to a performance share payment and subsequent tax withholding.

Summary

• On February 26, 2025, Natalie K. Schilling, Senior VP & Chief HR Officer of Edison International, acquired 6,941.0285 shares of common stock as part of a performance share payment.
• The shares were acquired at a price of $0.
• Following the acquisition, Ms. Schilling disposed of 2,561 shares at $52.61 per share to cover tax obligations related to the performance share payment.
• An additional 1.0285 shares were disposed of at $52.61 per share, also related to the cash portion of the award.
• After these transactions, Ms. Schilling beneficially owns 12,424.785 shares of Edison International common stock.
• The transactions were part of an automatic, scheduled payment related to a three-year performance measurement period.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports routine stock transactions related to executive compensation. The acquisition of shares suggests positive performance, but the subsequent sale for tax obligations is a standard procedure.

Positives

• The acquisition of shares indicates that performance targets were met, resulting in the vesting of performance shares.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation packages, including stock options and performance shares. These transactions are closely monitored by investors as they can provide insights into management's confidence in the company's future performance.

Comparison to Industry Standards

• Executive compensation packages, including performance-based equity awards, are standard practice among publicly traded companies like Edison International.
• Companies such as NextEra Energy, Duke Energy, and Southern Company also utilize similar compensation structures to incentivize and retain key executives.
• The vesting and subsequent sale of shares to cover tax obligations are typical occurrences following the payout of performance-based awards.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
• Shareholders may view the acquisition of shares as a positive sign, indicating that performance targets were met.

Key Dates