Edison International (EIX) awards options and RSUs to SCE president Powell
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Powell Steven D reported acquisition or exercise transactions in this Form 4 filing.
Edison International reported that Steven D. Powell, President and CEO of Southern California Edison, received new equity awards. On March 2, 2026, he was granted 56,110 non-qualified stock options, with portions scheduled to vest in 2027, 2028, and 2029. He also received 9,071 restricted stock units, each equal in value to one share of Edison International common stock, aligning his compensation more closely with long-term shareholder value.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Powell Steven D
Role
PRESIDENT AND CEO, SCE
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Options (Right to Buy) | 56,110 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 9,071 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Options (Right to Buy) — 56,110 shares (Direct);
Restricted Stock Units — 9,071 shares (Direct)
Footnotes (1)
- Relationship of Reporting Person to Issuer: Southern California Edison Company (SCE) is a subsidiary of Edison International. 18,704 options will vest on January 4, 2027; 18,703 options will vest on each of January 3, 2028 and January 2, 2029. 1 for 1: Each restricted stock unit is equal in value to one share of Edison International Common Stock.
FAQ
What insider transaction did Edison International (EIX) disclose for Steven D. Powell?
Edison International disclosed that Steven D. Powell received equity compensation grants, not open-market trades. He was awarded stock options and restricted stock units as part of his role as President and CEO of Southern California Edison, a subsidiary of Edison International.
How many stock options did Steven D. Powell receive at Edison International (EIX)?
Steven D. Powell received 56,110 non-qualified stock options. These options are scheduled to vest in three tranches over 2027, 2028, and 2029, reflecting a multi-year incentive structure tied to his continued service and long-term company performance.
What is the vesting schedule for Steven D. Powell’s new Edison International options?
Of the 56,110 options, 18,704 will vest on January 4, 2027. The remaining 18,703 options will vest on each of January 3, 2028 and January 2, 2029, creating a three-year vesting timeline for the full award.
How many restricted stock units did Steven D. Powell receive from Edison International (EIX)?
Steven D. Powell received 9,071 restricted stock units. Each restricted stock unit is equal in value to one share of Edison International common stock, directly linking a portion of his compensation to the company’s future share price performance.
Are Steven D. Powell’s Edison International restricted stock units tied to common stock value?
Yes. Each restricted stock unit granted to Steven D. Powell is equal in value to one share of Edison International common stock. This structure is designed to align his economic interests with those of shareholders over time as the units vest.