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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 40,199.235 | $0.00 | -- |
| Exercise | Common Stock | 40,199.235 | $0.00 | -- |
| Tax Withholding | Common Stock | 18,103 | $60.93 | $1.10M |
| Disposition | Common Stock | 0.235 | $60.93 | $14.33 |
Footnotes (1)
- 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. 1 for 1: Each restricted stock unit is equal in value to one share of Edison International Common Stock. These transactions are the portions of the award that were paid in cash only. The holdings reported herein include additional restricted stock units acquired pursuant to dividend reinvestment and exempt from reporting under Section 16(a).
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.
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.