[Form 4] CONSOLIDATED EDISON INC Insider Trading Activity
Rhea-AI Filing Summary
Consolidated Edison executive Robert Sanchez reported multiple equity compensation transactions and holdings updates. On February 18, 2026, he exercised 5,370 Performance Units granted in 2023 under the Long Term Incentive Plan for cash, with each unit economically equivalent to one share of common stock.
On the same date, he received new equity awards: 8,900 Performance Units under the LTIP scheduled to vest in 2029 based on performance criteria, and 3,800 time-based restricted stock units scheduled to vest in full on December 31, 2028. Each Performance Unit or restricted stock unit represents a contingent right to one share of common stock or its cash equivalent.
In connection with the derivative exercise, he acquired 5,370 shares of common stock and then disposed of 5,370 shares to the issuer at $113.92 per share, leaving 21,745.864 shares of common stock held directly and 505.152 shares held indirectly through the Thrift Plan as of a statement dated January 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Units | 5,370 | $0.00 | -- |
| Grant/Award | Performance Units | 8,900 | $0.00 | -- |
| Grant/Award | Time - Based Restricted Stock Units | 3,800 | $0.00 | -- |
| Exercise | Common Stock | 5,370 | $0.00 | -- |
| Disposition | Common Stock | 5,370 | $113.92 | $612K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents Performance Units granted in 2023 under the Company's Long Term Incentive Plan (the "LTIP") that vested for which the reporting person elected to receive the value in cash. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock. Includes 97.646 shares acquired under the Company's Stock Purchase Plan since the reporting person's last filing. Between 12/31/25 and 1/31/26, the reporting person's shares of Company common stock under the Thrift Plan decreased by 0.098. The information in this report is based on a Thrift Plan statement dated as of 1/31/26. Represents a grant of Performance Units granted under the LTIP scheduled to vest in 2029 upon the determination of the performance criteria by the Management Development and Compensation Committee of the Board of Directors of the Company. Each Performance Unit is the economic equivalent of one share of Company common stock. The number of shares (or cash equivalents) ultimately received will be adjusted and determined based upon the achievement of the performance criteria. Represents a grant of time-based restricted stock units under the LTIP scheduled to vest in full on December 31, 2028. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock.
