Ryan Kara Gostenhofer 4
Research Summary
AI-generated summary
Edison International (EIX) VP Kara Gostenhofer Receives Performance Award
What Happened
- Kara Gostenhofer, VP, CAO and Controller of Edison International, received a scheduled performance-share award of 1,711.175 shares on 2026-02-25. Valued at the filing price ($75.20), the award's gross value is about $128,680.
- As part of the payout, 621 shares were withheld to cover tax liabilities (code F) for $46,699, and 0.175 shares were surrendered to the issuer (code D) for $13. After withholding/surrender, the insider received a net 1,090 shares (1,711.175 − 621 − 0.175).
Key Details
- Transaction date: 2026-02-25; filing date: 2026-02-27 (filed on time).
- Prices used: $75.20 per share for valuation and withholding calculations.
- Net shares retained by insider: 1,090 shares. Total shares owned after transaction not reported in the provided data.
- Footnotes: Award was a scheduled payment of performance shares with a three‑year performance measurement period; only part of the award was paid in shares, and a portion was paid in cash (tax withholding/cash portion).
- Codes explained: A = award/acquisition; F = tax withholding/payment of tax liability; D = disposition to issuer (fractional share).
Context
- This was a routine, automatic performance-share payout (not an open-market buy or discretionary sale). The withholding of shares for taxes is common and does not imply a sale for investment reasons.
- Because the award reflects multi-year performance, it represents compensation earned rather than a timely signal of insider buying or selling intentions.