Choi Caroline 4

What Happened

• Caroline Choi, Executive Vice President of Edison International (EIX), received a performance-based award on 2026-02-25 consisting of 4,182.159 shares (transaction code A).
• To satisfy tax withholding, 1,501.000 shares were surrendered/disposed at $75.20 each for $112,875 (transaction code F), and 0.159 fractional shares were transferred/liquidated to the issuer for $12 (transaction code D).
• Net effect: Choi’s holdings increased by approximately 2,681.000 shares (4,182.159 awarded minus 1,501.159 withheld/returned). The award itself was an automatic, scheduled payment tied to a three‑year performance measurement period.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27. (Filed within the typical 2‑business‑day window.)
• Prices reported for withholding/disposition: $75.20 per share; tax withholding value = $112,875; fractional share = $12.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: F1 notes these were performance shares with a 3‑year measurement period and an automatic scheduled payment; only a portion was paid in shares while portions were paid in cash (F3). F4 explains the fractional‑share liquidation.
• Transaction code meanings: A = Award/Acquisition, F = Tax withholding/payment, D = Disposition to issuer.

Context

• This was a performance‑based award vesting/settlement, not an open‑market purchase or a voluntary sale. Tax withholding via share surrender is routine and used to cover tax obligations; it does not necessarily indicate a change in the insider’s view of the company.