Edison International grants new equity awards

Edison International (EIX) has disclosed a series of new equity compensation grants to senior executives in recent filings, detailing awards of non-qualified stock options and restricted stock units. The transactions involve leaders at Edison International (EIX) and its principal utility subsidiary, Southern California Edison, and are characterized as compensation awards rather than open-market trades.

The grants, reported in recent Form 4 submissions to the U.S. Securities and Exchange Commission, outline the size of each award, the vesting schedules, and the fact that the instruments are tied to Edison International common stock. The filings emphasize that the options and RSUs are issued at a value of $0.00 per unit as part of compensation-based incentives.

Steven D. Powell, President and Chief Executive Officer of Southern California Edison, received a significant new equity package. According to the filing, Powell was granted 56,110 non-qualified stock options and 9,071 restricted stock units. The stock options are scheduled to vest in tranches between 2027 and 2029.

The company indicates that these awards form part of Powell’s broader compensation program. By granting both options and RSUs, Edison International directly links a portion of Powell’s future pay to the long-term performance of its common stock, while clarifying that the awards do not represent purchases in the open market.

Jill Charlotte Anderson, Executive Vice President of Southern California Edison, also received new equity awards as part of her executive compensation. The filing shows that Anderson was granted 24,938 non-qualified stock options along with 4,032 restricted stock units.

Her stock options will vest in tranches over a three-year period beginning in January 2027. The RSUs are described as being equivalent in value to Edison International common stock, reinforcing the connection between her compensation and the company’s share performance. As with other grants, the filing notes that these are compensation awards, not open-market transactions.

Edison International has also granted equity awards to Chonda J. Nwamu, Executive Vice President and General Counsel. On March 2, 2026, Nwamu received 36,804 non-qualified stock options and 5,950 restricted stock units, according to the SEC disclosure.

Both the options and RSUs are reported at a value of $0.00 per unit in the filing, reflecting their status as compensation-based incentives rather than cash transactions. The stock options are set to vest in three equal annual installments starting January 4, 2027, aligning the vesting schedule with continued service over several years.

Across the three executives, Edison International is using a similar framework of non-qualified stock options and restricted stock units to structure long-term incentives. The vesting schedules, which begin in 2027 and extend through 2029 for some awards, are intended to span multiple years of future service.

The filings underscore that these equity grants are components of executive compensation plans and are not indicative of executives buying or selling shares on the open market. By tying a portion of compensation to Edison International’s common stock, the company links executive pay outcomes to shareholder value over the coming years.