Edison International (EIX) CEO Pedro Pizarro receives large option and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edison International President and CEO Pedro Pizarro reported equity compensation grants. On March 2, 2026, he acquired 210,932 non-qualified stock options and 34,098 restricted stock units at no purchase price as awards. The options vest in three tranches through early 2029, while each RSU represents one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PIZARRO PEDRO
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Options (Right to Buy) | 210,932 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 34,098 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Options (Right to Buy) — 210,932 shares (Direct);
Restricted Stock Units — 34,098 shares (Direct)
Footnotes (1)
- 70,312 options will vest on January 4, 2027; 70,310 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 equity awards did EIX CEO Pedro Pizarro report on this Form 4?
Pedro Pizarro reported a grant of 210,932 non-qualified stock options and 34,098 restricted stock units. These awards were granted on March 2, 2026 as part of his equity compensation, with no cash paid per unit at grant.
When do Pedro Pizarro’s newly granted EIX stock options vest?
The 210,932 stock options vest in three installments: 70,312 options on January 4, 2027, and 70,310 options on each of January 3, 2028 and January 2, 2029. This schedule spreads his option vesting over three consecutive years.
How are Pedro Pizarro’s Edison International RSUs structured in this filing?
The filing reports 34,098 restricted stock units for Pedro Pizarro. Each RSU is equal in value to one share of Edison International common stock, giving him a one-for-one right to receive shares upon settlement under the plan’s terms.
Is this Edison International Form 4 a routine compensation event?
The Form 4 reflects grant or award acquisitions of options and RSUs to the CEO, which is typical of executive compensation programs. It does not show open-market purchases or sales, but rather scheduled equity awards tied to his leadership role.