Edison International (EIX) SCE CEO gets stock grant, uses shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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
3 transactions reported
Mixed
3 txns
Insider
Powell Steven D
Role
PRESIDENT AND CEO, SCE
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,608.793 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,922 | $75.20 | $295K |
| Disposition | Common Stock | 0.793 | $75.20 | $59.66 |
Holdings After Transaction:
Common Stock — 48,336.418 shares (Direct)
Footnotes (1)
- Relationship of Reporting Person to Issuer: Southern California Edison Company (SCE) is a subsidiary of Edison International. 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. The holdings reported herein include shares acquired pursuant to dividend reinvestment and exempt from reporting under Section 16(a). These transactions are the portions of the award that were paid in cash only.
FAQ
What did Edison International (EIX) disclose about Steven D. Powell’s recent equity award?
Edison International disclosed that Steven D. Powell received 9,608.7934 shares of common stock as part of an automatic, scheduled performance share award. The award followed a three-year performance measurement period, and only a portion was paid in stock while the remainder was paid in cash.
How was Steven D. Powell’s Edison International (EIX) performance award structured?
The performance award covered a three-year measurement period and was paid automatically according to its terms. Only part of the award was delivered in Edison International common stock, while another portion was paid in cash only, as specified in the award documentation and related footnotes.
What relationship does Southern California Edison have to Edison International (EIX) in this filing?
Southern California Edison Company is identified as a subsidiary of Edison International. Steven D. Powell serves as President and CEO of Southern California Edison, and his reported Edison International common stock transactions are tied to his executive compensation arrangements within the broader corporate group.