Form 4: Consolidated Edison Director Acquires Shares

Consolidated Edison, Inc. director Michael W. Ranger has acquired 1,596 shares of common stock through an annual equity award.

Summary

• Michael W. Ranger, 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) awarded represents one share of the company's Common Stock.
• The transaction was valued at $106.51 per share, totaling $170,000.16.
• Following this transaction, Mr. Ranger beneficially owns 100,613.129 shares of common stock directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as director share acquisition through incentive plans is a standard practice that can indicate confidence but does not represent new investment or significant strategic shifts.

Positives

• Director acquisition of shares can signal confidence in the company's future performance.
• The acquisition is part of a long-term incentive plan, aligning management's interests with shareholders.
• The company continues to utilize its Long Term Incentive Plan to reward key personnel.

Future Outlook

The filing does not contain specific forward-looking statements or guidance. The acquisition is part of an existing incentive plan.

Industry Context

StockSavvy.ai notes that insider stock acquisitions, particularly by directors, are common within the utility sector as a mechanism for long-term incentive alignment and retention. This transaction aligns with typical practices for rewarding executive and director contributions in stable, regulated industries.

Stakeholder Impact

• Shareholders: The acquisition by a director may be viewed positively, suggesting alignment of interests and confidence in the company's value.
• Employees: The continued use of the Long Term Incentive Plan reinforces the company's commitment to rewarding key personnel.
• Management: The transaction is a standard component of executive and director compensation structures.

Key Dates

Keywords

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