Edison CFO reports performance share award payout
Edison International executive Maria C. Rigatti, Executive VP and CFO, reported a scheduled performance share payout in the form of common stock.
Rhea-AI Filing Summary
Edison International executive Maria C. Rigatti, Executive VP and CFO, reported a scheduled performance share payout in the form of common stock. She acquired 10,546.1679 shares at no cost as part of a three-year performance award that paid out automatically under its terms.
To satisfy tax obligations related to this award, 4,481 shares were disposed of at $75.20 per share as a tax-withholding transaction, and a small additional 0.1679-share amount was disposed of to the issuer at the same price. After these transactions, she directly holds 89,666 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,546.1679 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,481 | $75.20 | $337K |
| Disposition | Common Stock | 0.1679 | $75.20 | $12.63 |
Footnotes (2)
- F1. 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.
- F2. These transactions are the portions of the award that were paid in cash only.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EIX CFO Maria Rigatti report on this Form 4?
Were Maria Rigatti’s EIX stock disposals open-market sales?
What does transaction code A mean in Maria Rigatti’s EIX Form 4?
Why is there a transaction code F on this EIX Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.