Form 4: Consolidated Edison Executive Ketschke Reports Stock Transactions
SEC Form 4 Filing
Matthew Ketschke, President of CECONY, reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On December 31, 2024, Matthew Ketschke, President of CECONY, reported transactions involving Consolidated Edison Inc. stock.
- Ketschke converted 6,600 time-based restricted stock units into common stock.
- He also disposed of 156 shares of common stock at a price of $89.16 per share.
- Following these transactions, Ketschke directly owns 29,142.35 shares of common stock and indirectly owns 1,100.646 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an executive, with no indication of unusual or concerning activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of stock transactions and vesting of restricted stock units. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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