Taylor Peter J. 4
Research Summary
AI-generated summary
Edison Intl Director Peter J. Taylor Receives 2,844-Unit Award
What Happened
Peter J. Taylor, a director of Edison International (EIX), received a grant of 2,844 deferred stock units (DSUs) on April 23, 2026. The units were granted at $0.00 (no cash paid) as an award/compensation (derivative instrument) and equate to one share of Edison International common stock each once settled. This is an award (compensation) rather than a market purchase or sale and does not indicate an immediate cash transaction.
Key Details
- Transaction date: 2026-04-23; filing date: 2026-04-27.
- Transaction type/code: Award/Grant (A); 2,844 deferred stock units granted at $0.00.
- Reported value on Form 4: $0 (derivative units granted).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes:
- F1: Each deferred stock unit equals one share of Edison common stock.
- F2: Units were granted in connection with Taylor's re-election as director and re-appointment as Chair of the Board.
- F3: DSUs will be settled upon retirement, resignation, death or disability, unless an earlier settlement date is elected.
- No indication in this filing of a trading plan (e.g., 10b5‑1) or tax withholding sale.
Context
Deferred stock units are a common form of board compensation that convert to shares (or cash equivalent) at a future settlement event and do not represent immediate buying or selling pressure. Because these DSUs are payable on retirement/resignation/death/disability (or on an elected earlier date), they are generally part of long-term compensation rather than an active trading signal.