Director at Edison International (NYSE: EIX) receives deferred stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Camunez Michael C reported acquisition or exercise transactions in this Form 4 filing.
Edison International director Michael C. Camunez received a grant of 2,737 Deferred Stock Units. Each unit is equal in value to one share of Edison International common stock on a 1-for-1 basis.
The award was granted upon his re-election as a director at the company’s annual meeting. After this grant and additional units from dividend reinvestment, he now holds a total of 29,010.0092 deferred stock units, which will generally be settled in common stock upon his retirement, resignation, death, disability, or another elected date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Camunez Michael C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 2,737 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Unit — 29,010.009 shares (Direct, null)
Footnotes (1)
- 1 for 1: Each deferred stock unit is equal in value to one share of Edison International Common Stock. The deferred stock units were granted to the Reporting Person upon re-election as a director at the Issuer's annual meeting. The deferred stock units are to be settled upon the Reporting Person's retirement, resignation, death or disability, unless another date(s) is elected by the Reporting Person. Includes additional deferred stock units acquired pursuant to dividend reinvestment and exempt from reporting under Section 16(a).
Key Figures
Deferred stock units granted: 2,737 units
Total deferred stock units after grant: 29,010.0092 units
Conversion ratio: 1 unit = 1 share
+1 more
4 metrics
Deferred stock units granted
2,737 units
Grant upon re-election as director on 2026-04-23
Total deferred stock units after grant
29,010.0092 units
Holdings following reported transaction
Conversion ratio
1 unit = 1 share
Each deferred stock unit equals one Edison International common share
Grant transaction price
$0.00 per unit
Compensation award, not an open-market purchase
Key Terms
Deferred Stock Unit, dividend reinvestment, Section 16(a), Grant, award, or other acquisition
4 terms
Deferred Stock Unit financial
"security_title: "Deferred Stock Unit" and 1 for 1 value to common stock"
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
dividend reinvestment financial
"Includes additional deferred stock units acquired pursuant to dividend reinvestment"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Section 16(a) regulatory
"acquired pursuant to dividend reinvestment and exempt from reporting under Section 16(a)"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Edison International (EIX) disclose for Michael C. Camunez?
Edison International disclosed that director Michael C. Camunez received 2,737 Deferred Stock Units as a grant upon his re-election at the annual meeting. These units represent deferred compensation rather than an open-market stock purchase or sale.
How many Deferred Stock Units does Michael C. Camunez hold after this Form 4 for EIX?
After the latest grant, Michael C. Camunez holds 29,010.0092 Deferred Stock Units. This total includes the 2,737-unit award reported in the filing and additional units previously acquired through dividend reinvestment arrangements linked to Edison International common stock.
What is a Deferred Stock Unit in the context of Edison International (EIX)?
A Deferred Stock Unit is a compensation instrument equal in value to one share of Edison International common stock. Settlement typically occurs in stock at a future time such as retirement, resignation, death, disability, or another date elected by the director.
When will Michael C. Camunez’s Deferred Stock Units in Edison International (EIX) be settled?
The Deferred Stock Units will be settled upon Michael C. Camunez’s retirement, resignation, death, or disability, unless he has elected another settlement date or dates. At settlement, he is expected to receive Edison International common stock corresponding to his units.
Were the Edison International (EIX) Deferred Stock Units granted to Michael C. Camunez linked to dividends?
Yes. The total holdings include additional Deferred Stock Units acquired through dividend reinvestment. Those reinvested units are exempt from separate reporting under Section 16(a) but are counted in his aggregate deferred stock unit balance.