Form 4: Consolidated Edison Director Michael W. Ranger Acquires Shares in Annual Equity Award

Director Michael W. Ranger 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, Michael W. Ranger, 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, Ranger directly owns 93,907.661 shares of Consolidated Edison common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction. Insider buying is generally viewed positively, but this is part of a pre-determined compensation plan.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.
• The equity award aligns the director's interests with those of the shareholders.

Industry Context

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

Stakeholder Impact

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

Key Dates

Keywords

Consolidated Edison, Director, Equity Award, Form 4, Stock Acquisition, Michael W. Ranger, DSU, Deferred Stock Units, Long Term Incentive Plan