Form 4: Consolidated Edison Director McBride Acquires Shares in Annual Equity Award

Director Dwight A. McBride acquired 1,613 shares of Consolidated Edison common stock at $105.38 per share as part of an annual equity award.

Summary

• On May 20, 2025, Dwight A. McBride, a director of Consolidated Edison Inc., acquired 1,613 shares of common stock.
• The 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.
• The price per share was $105.38.
• Following the transaction, McBride directly owns 9,280 shares of Consolidated Edison common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (director share acquisition) and doesn't inherently indicate positive or negative company performance.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Comparison to Industry Standards

• Director share acquisitions are a common occurrence in publicly traded companies.
• The size and frequency of these acquisitions are company and individual specific.
• It is common for directors to receive equity as part of their compensation.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates

Keywords

Consolidated Edison, Director, Equity Award, Common Stock, Form 4, DSU, Long Term Incentive Plan, Beneficial Ownership