Form 4: Consolidated Edison Director Sutherland L Frederick Acquires Additional Shares
SEC Form 4 Filing
Director Sutherland L Frederick reports acquisition of 1,613 shares of Consolidated Edison stock at $105.38 per share.
Summary
- On May 20, 2025, Sutherland L Frederick, 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, Sutherland L Frederick beneficially owns 88,569.103 shares.
- 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: 6
Explanation: The sentiment is neutral to slightly positive. The director's purchase indicates confidence, but it's a routine transaction related to compensation.
Positives
- The acquisition of shares by a company director can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects. Director's purchases are generally viewed more favorably than sales.
Comparison to Industry Standards
- Comparing insider trading activity at Consolidated Edison to peers like Exelon, Duke Energy, and Southern Company could provide a broader context.
- Analyzing the frequency and size of insider transactions across these companies can reveal whether Consolidated Edison's insiders are more or less bullish than their counterparts.
Stakeholder Impact
- The director's purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| June 14, 2024 | Acquisition of 726.282 DSUs through dividend reinvestment. |
| September 16, 2024 | Acquisition of 650.934 DSUs through dividend reinvestment. |
| December 16, 2024 | Acquisition of 740.122 DSUs through dividend reinvestment. |
| March 14, 2025 | Acquisition of 677.863 DSUs through dividend reinvestment. |
| May 20, 2025 | Date of transaction: Acquisition of 1,613 shares at $105.38 per share. |
| May 21, 2025 | Date of filing. |
Keywords
Consolidated Edison, Director, Share Acquisition, Form 4, SEC Filing, Sutherland L Frederick, Deferred Stock Units, Long Term Incentive Plan, Dividend Reinvestment
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