Equity award and tax withholding for Edison (NYSE: EIX) HR chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edison International senior VP and chief HR officer Natalie K. Schilling reported automatic, scheduled equity award transactions in company common stock. On February 25, she received a grant of 3,192.6961 shares at $0.0000 per share as part of a performance share payout with a three-year measurement period.
To cover tax obligations and settle the award, 1,204.0000 shares were disposed of at $75.2000 per share as a tax-withholding transaction, and 0.6961 shares were disposed of to the issuer at the same price. After these transactions, her directly owned common stock totaled 16,288.1450 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Schilling Natalie K
Role
SENIOR VP & CHIEF HR OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,192.696 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,204 | $75.20 | $91K |
| Disposition | Common Stock | 0.696 | $75.20 | $52.35 |
Holdings After Transaction:
Common Stock — 17,492.841 shares (Direct)
Footnotes (1)
- These transactions report the payment of performance shares with a three-year performance measurement period that were not derivative securities reportable under Section 16. Pursuant to the terms of this award, these transactions were an automatic, scheduled payment. Only a portion of the award was actually paid in shares of Edison International Common Stock, while a portion of the award was paid in cash only. These transactions are the portions of the award that were paid in cash only.
FAQ
What insider transactions did EIX’s Natalie K. Schilling report?
Natalie K. Schilling reported an automatic equity award payout and related disposals. She acquired 3,192.6961 Edison International common shares and disposed of small portions to cover taxes and settle the award, all recorded on February 25 as routine compensation-related transactions.
Were Schilling’s EIX equity transactions open-market buys or sells?
No, the transactions were not open-market trades. The Form 4 shows an automatic performance share award and dispositions classified as tax-withholding and a transfer to the issuer, all pursuant to the terms of a scheduled long-term incentive award.