Form 4: Consolidated Edison Director Acquires Shares
Statement of Changes in Beneficial Ownership
Consolidated Edison Director Karol V. Mason acquired 1,596 shares of common stock through an annual equity award.
Summary
- Karol V. Mason, a Director at Consolidated Edison, Inc., acquired 1,596 shares of common stock on May 19, 2026.
- This acquisition was part of an annual equity award under the company's Long Term Incentive Plan.
- The shares were acquired at a price of $106.51 per share, totaling $11,947.52.
- Following this transaction, Mason beneficially owns 11,947.525 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 Karol V. Mason received an annual equity award, indicating continued incentive alignment with the company's performance.
- The acquisition of shares by a director can be seen as a positive signal of confidence in the company's future prospects.
Future Outlook
No specific forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that director equity awards are a common practice in the utility sector to align executive interests with long-term shareholder value. This filing reflects standard compensation practices within the industry.
Stakeholder Impact
- Shareholders: The acquisition by a director may be viewed positively as a sign of confidence in the company's future, but it does not represent a significant change in ownership or company strategy.
Key Dates
| Date | Description |
|---|---|
| 05/19/2026 | Transaction Date for acquisition of common stock by Director Karol V. Mason. |
| 05/20/2026 | Date of signature for the filing. |
Keywords
Consolidated Edison, SEC Form 4, Director, Equity Award, Common Stock, Beneficial Ownership, Long Term Incentive Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.