Form 4: Consolidated Edison SVP and General Counsel Deneen L. Donnley Reports Stock Purchase
SEC Form 4 Filing
Deneen L. Donnley, SVP and General Counsel of Consolidated Edison, reported a purchase of company stock under the company's Stock Purchase Plan.
Summary
- On February 29, 2024, Deneen L. Donnley, SVP and General Counsel of Consolidated Edison, purchased 26.526 shares of common stock at $87.21 per share.
- The purchase was made under the company's Stock Purchase Plan.
- Following the transaction, Donnley directly owns 19,118.22 shares of Consolidated Edison common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of a stock purchase by an executive. It doesn't indicate any significant positive or negative outlook.
Positives
- The purchase indicates confidence in the company's stock by a high-ranking officer.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The stock purchase may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of stock purchase transaction |
| 03/05/2024 | Deemed execution date of the transaction |
| 03/07/2024 | Date of signature for the Form 4 filing |
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