Form 4: Con Edison Director Acquires Deferred Stock Units

Con Edison Director L. Frederick Sutherland acquired 1,596 Deferred Stock Units under the company's Long Term Incentive Plan.

Summary

• L. Frederick Sutherland, a Director at Consolidated Edison, Inc. (ED), acquired 1,596 Deferred Stock Units (DSUs) on May 19, 2026.
• This acquisition was part of an annual equity award under the company's Long Term Incentive Plan.
• Each DSU represents one share of the company's Common Stock.
• The acquisition price was $106.51 per share.
• Following this transaction, Sutherland beneficially owns 93,043.326 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine equity award to a director rather than significant financial performance or strategic changes.

Positives

• Director L. Frederick Sutherland's acquisition of DSUs indicates continued investment and confidence in the company's long-term prospects.
• The acquisition is part of a structured incentive plan, aligning management's interests with shareholders.

Future Outlook

This filing does not contain forward-looking statements or guidance. It reports a completed transaction.

Industry Context

StockSavvy.ai notes that director equity awards are a common practice in the utility sector to incentivize long-term performance and align executive interests with shareholders. This type of award is standard for companies like Consolidated Edison.

Stakeholder Impact

• Shareholders: The acquisition by a director may be viewed positively as a sign of commitment to the company's future performance.

Key Dates

Keywords

Consolidated Edison, ED, Form 4, SEC Filing, Director, Deferred Stock Units, Long Term Incentive Plan, Equity Award, Beneficial Ownership