Form 4: Consolidated Edison Director Stanley Acquires Additional Shares Through Equity Award and Dividend Reinvestment

Director Deirdre Stanley acquired 1,613 shares of Consolidated Edison common stock through an annual equity award and dividend reinvestment, increasing her total holdings to 27,981.315 shares.

Summary

• On May 20, 2025, Deirdre Stanley, 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.
• The price per share was $105.38.
• Stanley's total holdings after the transaction amount to 27,981.315 shares.
• The reported holdings include DSUs acquired through dividend reinvestment on June 14, 2024, September 16, 2024, December 16, 2024, and March 14, 2025.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally a good sign, but it's part of a standard compensation plan, so it's not overwhelmingly positive.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.
• The dividend reinvestment provision of the Long Term Incentive Plan allows for the accumulation of additional shares over time.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. Utility companies like Consolidated Edison are often seen as stable investments, and insider activity can be indicative of long-term confidence.

Comparison to Industry Standards

• Comparing Deirdre Stanley's holdings and recent transactions to those of directors at comparable utility companies like Duke Energy (DUK) or Southern Company (SO) could provide a benchmark for assessing the significance of this transaction.
• Analyzing the percentage of shares owned by insiders relative to the total outstanding shares of Consolidated Edison versus its peers can offer further context.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
• There is no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Consolidated Edison, Director, Deirdre Stanley, Stock Acquisition, Equity Award, Dividend Reinvestment, Form 4, DSU, Long Term Incentive Plan