Form 4: Consolidated Edison Director John F. Killian Reports Stock Transactions

Director John F. Killian reports acquisition of 1,761 shares and disposition of 1,500 shares of Consolidated Edison stock.

Summary

• On May 21, 2024, John F. Killian, a director of Consolidated Edison Inc., acquired 1,761 shares of common stock at a price of $96.51 per share.
• This acquisition was part of an annual equity award of Deferred Stock Units (DSU) under the company's Long Term Incentive Plan.
• Each DSU represents one share of Consolidated Edison's common stock.
• On May 22, 2024, Killian disposed of 1,500 shares of common stock at a price of $97.12 per share.
• Following these transactions, Killian directly owns 38,495.632 shares of Consolidated Edison common stock.
• The reported holdings include DSUs acquired through dividend reinvestments on June 15, 2023, September 15, 2023, December 15, 2023, and March 15, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions. The acquisition and disposition are relatively small and don't necessarily indicate a strong positive or negative outlook.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.

Negatives

• The sale of 1,500 shares could be interpreted negatively, although it's a relatively small portion of Killian's total holdings.

Risks

• There are no specific risks mentioned in this document, as it primarily reports stock transactions.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, depending on how investors interpret the director's buying and selling activity.

Key Dates