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

Director Deirdre Stanley acquired 1,761 shares of Consolidated Edison common stock through an annual equity award.

Summary

• On May 21, 2024, Deirdre Stanley, a director of Consolidated Edison Inc. (ED), acquired 1,761 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 $96.51.
• Following the transaction, Stanley directly owns 25,545.303 shares of Consolidated Edison common stock, which includes 220.625 DSUs acquired on March 15, 2024, through dividend reinvestment.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard insider transaction disclosure. The acquisition of shares by a director is generally viewed positively, but it's a routine event.

Positives

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

Future Outlook

NA

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates