Form 4: Edison International Executive Steven D. Powell Reports Changes in Beneficial Ownership

Steven D. Powell, President and CEO of Southern California Edison (a subsidiary of Edison International), reports transactions involving Edison International common stock, including the payment of performance shares and related cash transactions.

Summary

• On February 26, 2025, Steven D. Powell, President and CEO of SCE, reported transactions related to Edison International common stock.
• These transactions include the acquisition of 18,963.1182 shares of common stock at $0, representing the payment of performance shares.
• Powell also reported the disposition of 8,677 shares and 1.1182 shares at $52.61, representing portions of the award paid in cash.
• Following these transactions, Powell beneficially owns 32,575.522 shares of Edison International common stock directly.
• The performance shares were part of an award with a three-year performance measurement period and were an automatic, scheduled payment.
• The reported holdings include shares acquired through dividend reinvestment.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of shares is a positive sign, but the sale of shares for cash is a common practice.

Positives

• The acquisition of performance shares indicates that performance goals were likely met over the three-year measurement period.

Negatives

• The sale of shares to cover the cash portion of the award may be seen as a slight negative, although it's a common practice.

Risks

• There are no specific risks mentioned in this document.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing is specific to Edison International and its subsidiary, Southern California Edison.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The transactions reported are typical for performance-based compensation plans.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• They provide transparency into executive compensation.

Key Dates