O'TOOLE TIMOTHY 4
Research Summary
AI-generated summary
Edison Int'l (EIX) Director Timothy O'Toole Receives Award
What Happened
- Timothy O'Toole, a director of Edison International (EIX), received a grant of 2,737 deferred stock units on April 23, 2026. The report shows a $0.00 per-unit price and $0 reported transaction value because these are derivative awards (deferred stock units), not an open-market purchase or sale. This award was granted upon his re‑election as a director.
Key Details
- Transaction date: 2026-04-23; Form 4 filed: 2026-04-27.
- Security/type: Deferred stock units (derivative) — 2,737 units; reported price $0.00; reported value $0.
- Shares owned after transaction: Not disclosed in this filing.
- Relevant footnotes: F1 — each deferred stock unit equals one share of Edison common stock; F2 — units granted upon re‑election; F3 — units to be settled upon retirement, resignation, death or disability (or other elected date); F4 — includes additional units from dividend reinvestment exempt from Section 16(a) reporting.
- Timeliness: Filing submitted four days after the transaction date; no late‑filing flag is indicated in the filing materials provided.
Context
- Deferred stock units are a form of director compensation that track the value of shares and are paid out (settled) at a later date per the plan. Because this is an award (not a purchase or sale), it should be viewed as routine compensation rather than a direct signal of the insider’s near‑term market view.