Equity

3 Months Ended

Mar. 31, 2022

Equity

Equity

Note 13. Equity

Common Stock Issuances

Edison International continued to settle its ongoing common stock requirements of various internal programs through issuance of new common stock. During the three months ended March 31, 2022, 390,969 shares of common stock were issued as stock compensation awards for net cash receipts of $11 million, 71,815 shares of new common stock were issued in lieu of distributing $4 million to shareholders opting to receive dividend payments in the form of additional common stock, 40,000 shares of common stock were issued to employees through the 401(k) defined contribution savings plan for net cash receipts of $3 million as dividend payments and 14,269 shares of common stock were issued to employees through the Employee Stock Purchase Plan for net cash receipts of $1 million.

In February 2022, Edison International terminated its "at-the-market" ("ATM") program established in May 2019. Edison International did not issue any shares during the first quarter of 2022 through the ATM program.