Anderson Jill Charlotte 4
4 · EDISON INTERNATIONAL · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Edison (EIX) EVP Jill Anderson Exercises Options, Sells Shares
What Happened
Jill Charlotte Anderson, Executive Vice President at Southern California Edison (a subsidiary of Edison International), exercised a total of 52,873 stock options in two tranches (Feb 27 and Mar 2, 2026). The exercised lots: 20,471 @ $54.91 and 13,386 @ $63.65 on Feb 27, and 8,720 @ $60.78 and 10,296 @ $62.50 on Mar 2 — the exercised option amounts reported total about $3.15M (exercise-price basis). To cover the exercise price and required tax withholding, 45,988 shares were withheld by EIX (reported disposals for tax/payment, ~ $3.44M). In addition, Anderson sold 6,885 shares in the open market (4,774 on Feb 27 and 2,111 on Mar 2) for total proceeds of about $514,088. Net result: all 52,873 exercised shares were either withheld or sold (no net new shares retained from these exercises).
Key Details
- Transaction dates and per-share figures:
- Feb 27, 2026: exercised 33,857 options (20,471 @ $54.91; 13,386 @ $63.65). Withheld 29,083 shares (16,978 and 12,105) and sold 4,774 shares @ $74.72 ($356,713).
- Mar 2, 2026: exercised 19,016 options (8,720 @ $60.78; 10,296 @ $62.50). Withheld 16,905 shares (7,682 and 9,223) and sold 2,111 shares @ $74.55 ($157,375).
- Total exercised: 52,873 shares; total withheld for exercise/taxes: 45,988 shares; open-market sales: 6,885 shares for ~$514,088.
- Holdings after transaction: No net new shares retained from these exercises — all exercised shares were either withheld or sold.
- Footnotes: F1 — reporting relates to SCE (EIX subsidiary). F2 — shares were withheld by EIX to pay exercise price and minimum tax withholding. F4–F6 — the options exercised had vested previously (various prior vesting dates). F3 notes holdings include Edison 401(k) plan amounts exempt from Section 16 reporting.
- Filing timeliness: Form filed 2026-03-03 covering transactions on Feb 27 and Mar 2; filing appears within the normal Section 16 reporting window (timely).
Context
These were option exercises followed by share withholding to cover exercise price and tax obligations (a cashless/“sell to cover” type transaction) plus small open-market sales. Withheld-share disposals to cover taxes or exercise costs are routine and do not necessarily signal the insider’s view on the stock. The filing reports conversion of derivatives (option-to-share) and associated dispositions; it does not disclose any 10% owner activity.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-27$54.91/sh+20,471$1,124,063→ 39,063 total - Tax Payment
Common Stock
[F2]2026-02-27$74.83/sh−16,978$1,270,464→ 22,085 total - Exercise/Conversion
Common Stock
2026-02-27$63.65/sh+13,386$852,019→ 35,471 total - Tax Payment
Common Stock
[F2]2026-02-27$74.83/sh−12,105$905,817→ 23,366 total - Sale
Common Stock
2026-02-27$74.72/sh−4,774$356,713→ 18,592 total - Exercise/Conversion
Common Stock
2026-03-02$60.78/sh+8,720$530,002→ 27,312 total - Tax Payment
Common Stock
[F2]2026-03-02$74.65/sh−7,682$573,461→ 19,630 total - Exercise/Conversion
Common Stock
2026-03-02$62.50/sh+10,296$643,500→ 29,926 total - Tax Payment
Common Stock
[F2]2026-03-02$74.65/sh−9,223$688,497→ 20,703 total - Sale
Common Stock
2026-03-02$74.55/sh−2,111$157,375→ 18,592 total - Exercise/Conversion
Non-qualified Stock Options (Right to Buy)
[F4]2026-02-27−20,471→ 0 totalExercise: $54.91Exp: 2031-01-02→ Common Stock (20,471 underlying) - Exercise/Conversion
Non-qualified Stock Options (Right to Buy)
[F4]2026-02-27−13,386→ 0 totalExercise: $63.65Exp: 2032-01-02→ Common Stock (13,386 underlying) - Exercise/Conversion
Non-qualified Stock Options (Right to Buy)
[F5]2026-03-02−8,720→ 0 totalExercise: $60.78Exp: 2028-01-03→ Common Stock (8,720 underlying) - Exercise/Conversion
Non-qualified Stock Options (Right to Buy)
[F6]2026-03-02−10,296→ 0 totalExercise: $62.50Exp: 2029-01-02→ Common Stock (10,296 underlying)
- 345.282(indirect: By 401(k))
Common Stock
[F3]
Footnotes (6)
- [F1]Relationship of Reporting Person to Issuer: Southern California Edison Company (SCE) is a subsidiary of Edison International.
- [F2]These shares were withheld by EIX for the payment of the exercise price and the minimum tax withholding obligations.
- [F3]The holdings reported herein include transactions pursuant to the Edison 401(k) Savings Plan exempt from reporting under Section 16(a).
- [F4]The options vested on or before January 2, 2025.
- [F5]The options vested on or before January 3, 2022.
- [F6]The options vested on or before January 3, 2023.