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Consolidated Edison, Inc. (ED) – Form 4 insider transaction
Vice President & Controller Joseph Miller reported a purchase on 06/16/2025 of 0.982 Consolidated Edison common shares at an average price of $103.96. After the transaction his direct ownership stands at 3,629.002 shares; he also holds 117.011 shares indirectly through the company’s Tax Reduction Act Stock Ownership Plan (TRASOP).
Footnotes detail: (1) the direct total includes 15.317 shares acquired via the Employee Stock Purchase Plan on 3/31/2025 (11.219 shares), 4/30/2025 (1.971 shares) and 5/30/2025 (2.127 shares); (2) the TRASOP balance rose by 0.909 shares between 2/28/2025 and 5/30/2025. No derivative securities or 10b5-1 plan transactions were disclosed.
The fractional nature of the purchase indicates routine reinvestment activity rather than a strategic accumulation. Overall insider ownership changed by less than 0.03 % and is therefore unlikely to influence investor sentiment or valuation.