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Edison International (EIX) CEO Pedro Pizarro receives large option and RSU grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PIZARRO PEDRO

(Last) (First) (Middle)
2244 WALNUT GROVE AVENUE

(Street)
ROSEMEAD CA 91770

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EDISON INTERNATIONAL [ EIX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
PRESIDENT AND CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified Stock Options (Right to Buy) $74.42 03/02/2026 A 210,932 (1) 01/02/2036 Common Stock 210,932 $0 210,932 D
Restricted Stock Units (2) 03/02/2026 A 34,098 01/02/2029 01/02/2029 Common Stock 34,098 $0 34,098 D
Explanation of Responses:
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.
2. 1 for 1: Each restricted stock unit is equal in value to one share of Edison International Common Stock.
/s/ Pedro Pizarro 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

Did Pedro Pizarro buy or sell EIX shares for cash in this Form 4?

No cash buy or sell transactions are reported. The Form 4 shows grant or award acquisitions of stock options and restricted stock units at a price of $0.0000 per unit, reflecting non-cash equity compensation rather than open-market trading.

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.
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