Form 4: Consolidated Edison Director Karol V. Mason Acquires Shares in Annual Equity Award

Director Karol V. Mason acquired 1,613 shares of Consolidated Edison common stock through an annual equity award.

Summary

• On May 20, 2025, Karol V. Mason, a director of Consolidated Edison Inc., acquired 1,613 shares of common stock at a price of $105.38 per share.
• This acquisition was part of an annual equity award of Deferred Stock Units (DSU) under the company's Long Term Incentive Plan.
• Following the transaction, Mason directly owns 10,026.659 shares of Consolidated Edison common stock.
• The reported holdings include DSUs acquired through dividend reinvestments on June 14, 2024, September 16, 2024, December 16, 2024 and March 14, 2025.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director is increasing their stake in the company, suggesting confidence. However, it's a routine transaction related to compensation.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.
• The Long Term Incentive Plan aligns the interests of directors with those of shareholders.

Future Outlook

The document does not contain specific forward-looking statements, but the equity award suggests an expectation of continued performance.

Industry Context

Director share acquisitions are common in publicly traded companies and are often seen as a positive sign, aligning management's interests with shareholders'.

Comparison to Industry Standards

• Equity compensation is a standard practice among large publicly traded companies like Consolidated Edison.
• Companies such as NextEra Energy, Duke Energy, and Southern Company also utilize long-term incentive plans that include equity awards to align executive and director compensation with shareholder value.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

Consolidated Edison, Director, Karol V. Mason, Equity Award, Deferred Stock Units, Long Term Incentive Plan, Common Stock, Ownership, Dividend Reinvestment