Edison International (EIX) director converts units and adjusts holdings
Rhea-AI Filing Summary
Edison International director reported routine equity compensation and a small share sale. On 01/01/2026, 1,158.4152 deferred stock units were converted into the same number of common shares, reflecting an award that is valued one-for-one with Edison International common stock. At the same time, 2.4152 fractional shares were automatically cashed out by the company at $60.02 per share.
After these transactions, the director beneficially owns 9,434 common shares directly and 1,131 shares indirectly through a SEP-IRA, along with 23,834.9127 deferred stock units that are scheduled to be settled upon retirement, resignation, death, disability, or another date elected by the director.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Unit | 1,158.415 | $0.00 | -- |
| Exercise | Common Stock | 1,158.415 | $0.00 | -- |
| Disposition | Common Stock | 2.415 | $60.02 | $144.96 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Transaction code "X" is also applicable to this transaction. 1 for 1: Each deferred stock unit is equal in value to one share of Edison International Common Stock. This transaction reports the automatic cash-out of fractional shares by the issuer. The stock price used is the closing price on the business day prior to the payout. Includes additional deferred stock units acquired pursuant to dividend reinvestment and exempt from reporting under Section 16(a). 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.
FAQ
What insider transaction did Edison International (EIX) report in this filing?
The filing shows a director converted 1,158.4152 deferred stock units into the same number of Edison International common shares on 01/01/2026, and a small fractional share amount was cashed out.
What are the deferred stock units reported for the Edison International (EIX) director?
The director holds 23,834.9127 deferred stock units, each equal in value to one share of Edison International common stock.
When will the Edison International (EIX) deferred stock units be settled?
The deferred stock units are to be settled upon the director's retirement, resignation, death or disability, unless the director elects another settlement date or dates.