Form 4: Consolidated Edison Director Acquires Shares

Consolidated Edison Director Dwight A. McBride acquired 1,596 shares of common stock through an annual equity award.

Summary

• Dwight A. McBride, 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 is equivalent to one share of the company's common stock.
• The acquisition price was $106.51 per share.
• Following this transaction, McBride beneficially owns 10,876 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine equity award to a director rather than a significant new investment or divestment.

Positives

• Director McBride's acquisition of shares indicates continued investment and confidence in the company.
• The equity award is part of a long-term incentive plan, aligning management's interests with shareholders.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that insider stock purchases by directors can be viewed positively by the market, suggesting a belief in the company's future performance within the utility sector.

Stakeholder Impact

• Shareholders: The purchase by a director may be seen as a positive signal of confidence in the company's value.

Key Dates

Keywords

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