Schilling Natalie K 4
Research Summary
AI-generated summary
Edison International SVP Natalie Schilling Receives Performance Award
What Happened
- Natalie K. Schilling, Senior Vice President & Chief Human Resources Officer of Edison International, received a performance-based award of 3,192.696 shares (reported as acquired at $0) on 2026-02-25. To satisfy tax withholding obligations, 1,204 shares were surrendered/disposed at $75.20 each (proceeds ≈ $90,541) and a fractional 0.696 share was disposed to the issuer at $75.20 (≈ $52).
- This was an award payment (not an open-market purchase or stock-sale for investment) and the share dispositions reflect tax withholding/payment rather than a voluntary sale for cash.
Key Details
- Transaction date: 2026-02-25; Form filed: 2026-02-27 (appears timely).
- Award: 3,192.696 shares acquired @ $0.00 (performance award).
- Tax withholding/dispositions: 1,204 shares disposed @ $75.20 = $90,541; 0.696 share disposed @ $75.20 = $52.
- Transaction codes: A = Award/Acquisition; F = Payment of exercise price or tax liability; D = Disposition to issuer.
- Shares owned after the transaction: not specified in the provided Form 4.
- Footnotes: The award was a scheduled automatic payment tied to a three‑year performance measurement period. Only part of the award was delivered as shares; another portion was paid in cash.
Context
- These are performance shares paid per grant terms; the withheld/disposed shares are routine tax-withholding actions and not an open-market sale indicating a change in sentiment.
- For retail investors, award receipts increase insider ownership but are not the same signal as an outright purchase.