Form 4: Consolidated Edison SVP and General Counsel Deneen L. Donnley Reports Stock Purchase

Deneen L. Donnley, SVP and General Counsel of Consolidated Edison, reports a purchase of common stock under the company's Stock Purchase Plan.

Summary

• On April 30, 2024, Deneen L. Donnley, SVP and General Counsel of Consolidated Edison, acquired 24.506 shares of common stock through the company's Stock Purchase Plan.
• The price per share was $94.4.
• Following the transaction, Donnley directly owns 19,247.68 shares of Consolidated Edison common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The stock purchase could be seen as slightly positive, but it's a routine transaction.

Positives

• The purchase of shares by a company officer may signal confidence in the company's future performance.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading activities.
• Companies like Exelon, Duke Energy, and Southern Company also have similar insider trading reporting requirements.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency to shareholders regarding insider trading activities.

Key Dates