Form 4: Con Edison Director Acquires Shares

Con Edison Director Catherine Zoi acquired 1,596 shares of common stock through an annual equity award.

Summary

• Catherine Zoi, a Director at Consolidated Edison, Inc., acquired 1,596 shares of common stock on May 19, 2026.
• The acquisition was part of an annual equity award under the company's Long Term Incentive Plan.
• Each Deferred Stock Unit (DSU) represents one share of common stock.
• The acquisition price was $106.51 per share, totaling $169,971.56.
• Following this transaction, Zoi beneficially owns 5,581.551 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a standard equity award to a director, indicating continued alignment with shareholder interests, but does not provide new operational or financial performance data.

Positives

• Director Zoi's acquisition of shares indicates continued investment and confidence in the company.
• The transaction is an equity award, suggesting alignment of management and director interests with shareholders.
• The acquisition of 1,596 shares at $106.51 per share represents a significant personal investment.

Negatives

• The filing does not contain any negative financial or operational information.

Risks

• The filing does not explicitly mention any current issues or potential future challenges.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider stock acquisitions by directors, such as this one by Catherine Zoi at Consolidated Edison, are common mechanisms for aligning executive and director compensation with shareholder value, particularly within the regulated utility sector where long-term stability and predictable returns are key.

Stakeholder Impact

• Shareholders: The acquisition by a director can be seen as a positive signal of confidence in the company's future prospects.
• Employees: The use of equity awards aligns director compensation with company performance, potentially influencing broader compensation strategies.
• Management: Reinforces the alignment of interests between the board and executive leadership with shareholders.

Next Steps

• The filing does not specify any immediate next steps related to this transaction.

Key Dates

Keywords

Consolidated Edison, Con Edison, ED, Form 4, Insider Trading, Director, Equity Award, Deferred Stock Units, SEC Filing