Anderson Jill Charlotte 4
Research Summary
AI-generated summary
Edison International (EIX) EVP Jill Anderson Receives Performance Award
What Happened
- Jill Charlotte Anderson, Executive Vice President at Southern California Edison (a subsidiary of Edison International), received a scheduled performance award of 2,977.722 shares of Edison International common stock on 2026-02-25 (grant price $0.00).
- To satisfy the cash portion/tax withholding for the award, 1,069 shares were disposed at $75.20 each for $80,389, and 0.722 shares were surrendered to the issuer for $54. Net shares retained from the award: 2,977.722 − 1,069.722 = 1,908.0 shares.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (within normal reporting window).
- Prices: award reported at $0.00; shares withheld/disposed at $75.20.
- Cash realized for withheld/disposed shares: $80,389 + $54 = $80,443.
- Net new shares received: 1,908.0 common shares.
- Footnotes: award was a performance-based grant with a three-year performance measurement period and an automatic scheduled payout; only part of the award was paid in stock, part in cash (tax withholding/cash-only portion). Holdings reported include transactions under the Edison 401(k) Savings Plan (exempt from Section 16 reporting).
- Transaction codes: A = award/grant; F = payment of exercise price/tax liability (share withholding); D = disposition to issuer (fractional share cash-out).
Context
- These were performance shares earned under a multi-year plan and paid automatically per the award terms. The share disposals reflect withholding/cash settlement to cover tax or cash portion of the award—not an open-market sale by the insider.
- Awards and tax-withholding dispositions are routine compensation-related transactions and do not, by themselves, imply insider buying or selling based on a view of the stock.