Form 4: Edison International Executive VP Adam Umanoff Reports Changes in Beneficial Ownership

Adam Umanoff, Executive VP, GC, and Corporate Secretary of Edison International, reports transactions involving common stock, including the acquisition and disposition of shares related to performance share payments.

Summary

• On February 26, 2025, Adam Umanoff, an Executive VP at Edison International, reported transactions involving Edison International common stock.
• Umanoff acquired 16,289.7393 shares of common stock at $0, and disposed of 6,782 shares at $52.61.
• Additionally, 0.7393 shares were disposed of at $52.61.
• Following these transactions, Umanoff directly owns 13,440 shares and indirectly owns 39,319 shares through a family trust and 5,467.7182 shares through the Edison 401(k) Savings Plan.
• The transactions relate to the payment of performance shares with a three-year performance measurement period, with a portion paid in shares and a portion in cash.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports transactions related to compensation. The acquisition of shares is mildly positive, while the disposition is mildly negative, balancing out to a neutral overall sentiment.

Positives

• The acquisition of shares indicates a potential alignment of the executive's interests with the company's performance.

Negatives

• The disposition of shares, while part of a planned transaction, could be perceived negatively if not fully understood in the context of the performance share payment.

Risks

• There are no specific risks explicitly mentioned in this document.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly altering the ownership structure.

Key Dates