Edison International (NYSE: EIX) CEO details RSU conversion and share disposals
Rhea-AI Filing Summary
Edison International’s president and CEO, Pedro Pizarro, reported automatic equity award activity involving company common stock. On 01/02/2026, 40,199.2352 restricted stock units were converted into the same number of Edison International common shares, reflecting a scheduled payment under the award terms.
As part of this event, 18,103 shares were disposed of at $60.93 per share to cover cash-only portions of the award, and 0.2352 additional shares were disposed of at the same price. After these transactions, Pizarro directly beneficially owned 298,783 shares of common stock. The filing notes that each restricted stock unit equals one share of common stock and that holdings include additional units acquired through dividend reinvestment.
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FAQ
What insider transaction did EIX CEO Pedro Pizarro report?
Pedro Pizarro reported the automatic conversion of 40,199.2352 restricted stock units into the same number of Edison International common shares on 01/02/2026, as part of a scheduled equity award payment.
How many EIX shares does Pedro Pizarro own after this Form 4 transaction?
Following the reported transactions, Pedro Pizarro directly beneficially owned 298,783 shares of Edison International common stock.
Were any Edison International (EIX) shares sold or disposed of in this Form 4?
Yes. The filing shows 18,103 shares and an additional 0.2352 shares of Edison International common stock were disposed of at $60.93 per share in connection with the award, representing portions paid in cash only.
What is the conversion ratio for EIX restricted stock units in this filing?
The filing states a 1-for-1 ratio, meaning each restricted stock unit is equal in value to one share of Edison International common stock.
Were the EIX equity award transactions automatic or discretionary?
The explanation notes that, under the terms of the award, the reported transactions were an automatic, scheduled payment, with part paid in shares and part paid in cash only.
Does Pedro Pizarro still hold any Edison International restricted stock units after this transaction?
Table II shows 0 derivative securities remaining after the reported transaction. The explanation adds that reported holdings include additional restricted stock units acquired through dividend reinvestment.