Beliveau-Dunn Jeanne 4

What Happened

• Jeanne Beliveau‑Dunn, a director of Edison International (EIX), converted 3,432.899 deferred stock units into common shares on February 1, 2026 (reported Feb 3). As part of the settlement, 0.899 fractional share was automatically cashed out to the issuer at $62.28/share for $56. The primary conversion shows no cash proceeds reported (derivative conversion/settlement).

Key Details

• Transaction date: 2026-02-01 (Form 4 filed 2026-02-03 — appears timely).
• Reported actions/codes: M (exercise/conversion of derivative), D (disposition to issuer); footnote indicates X is also applicable.
• Share counts & amounts: 3,432.899 units converted; 0.899 fractional share cashed out for $56 at $62.28/share. The conversion entry shows $0 cash proceeds for the derivative portion.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes: F2 = each deferred stock unit equals one share; F3 = automatic cash-out of fractional shares; F4 = price used was prior business day’s closing price; F5 = includes additional DSUs from dividend reinvestment (exempt from reporting); F6 = DSUs are typically settled at retirement/resignation/death/disability unless another date elected.

Context

• This was a conversion/settlement of deferred stock units (not an open-market purchase or sale). The cash received ($56) reflects only the automatic cash-out of the fractional share; the main conversion did not report sale proceeds. Conversions/settlements of deferred units are routine compensation events and do not necessarily signal a change in the director’s market view.