Edison International CEO receives stock award, withholds taxes
Rhea-AI Filing Summary
Edison International reported that Steven D. Powell, President and CEO of Southern California Edison, received a grant of 9,608.7934 shares of Edison International common stock on February 25, 2026 as part of an automatic, scheduled performance share award with a three-year measurement period.
To cover related tax obligations and award terms, 3,922 shares were disposed of at $75.20 per share through a tax-withholding mechanism, and 0.7934 shares were returned to the issuer. After these transactions, Powell directly held 44,413.6250 Edison International common shares, which include shares acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,608.7934 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,922 | $75.20 | $295K |
| Disposition | Common Stock | 0.7934 | $75.20 | $59.66 |
Footnotes (4)
- F1. Relationship of Reporting Person to Issuer: Southern California Edison Company (SCE) is a subsidiary of Edison International.
- F2. These transactions report the payment of performance shares with a three-year performance measurement period that were not derivative securities reportable under Section 16. Pursuant to the terms of this award, these transactions were an automatic, scheduled payment. Only a portion of the award was actually paid in shares of Edison International Common Stock, while a portion of the award was paid in cash only.
- F3. The holdings reported herein include shares acquired pursuant to dividend reinvestment and exempt from reporting under Section 16(a).
- F4. These transactions are the portions of the award that were paid in cash only.
FAQ
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What did Edison International (EIX) disclose about Steven D. Powell’s recent equity award?
How was Steven D. Powell’s Edison International (EIX) performance award structured?
What relationship does Southern California Edison have to Edison International (EIX) in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.