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Consolidated Edison (ED) director awarded 1,596 Deferred Stock Units as equity pay

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CONSOLIDATED EDISON INC director Karol V. Mason received an equity award in the form of Deferred Stock Units. On May 19, 2026, Mason acquired 1,596 shares of Common Stock at $106.51 per share as a grant under the company’s Long Term Incentive Plan. This award increased Mason’s directly held position to 11,947.525 shares, reflecting routine stock-based compensation rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Mason Karol V
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,596 $106.51 $170K
Holdings After Transaction: Common Stock — 11,947.525 shares (Direct, null)
Footnotes (1)
  1. Represents the annual equity award of Deferred Stock Units ("DSU") under the Consolidated Edison, Inc. (the "Company") Long Term Incentive Plan (the "Plan"). Each DSU represents one share of the Company's Common Stock. Includes 68.792, 87.966, 88.751 and 79.357 DSUs acquired on June 16, 2025, September 12, 2025, December 15, 2025 and March 16, 2026, respectively, pursuant to the dividend reinvestment provision of the Plan.
Equity award size 1,596 shares Deferred Stock Units grant on May 19, 2026
Grant price per share $106.51/share Value per Deferred Stock Unit
Holdings after transaction 11,947.525 shares Direct ownership after DSU grant
Deferred Stock Units financial
"Represents the annual equity award of Deferred Stock Units ("DSU") under the Consolidated Edison, Inc. Long Term Incentive Plan."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
DSU financial
"Each DSU represents one share of the Company's Common Stock."
Long Term Incentive Plan financial
"annual equity award of Deferred Stock Units ("DSU") under the Consolidated Edison, Inc. Long Term Incentive Plan (the "Plan")."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
dividend reinvestment provision financial
"DSUs acquired ... pursuant to the dividend reinvestment provision of the Plan."
A dividend reinvestment provision is a company policy that lets shareholders automatically use their cash dividends to buy more shares instead of receiving money. Think of it like a subscription that turns each payday into buying an extra slice of the same pie; it helps investors compound their holdings over time, often with lower transaction costs and sometimes at a small discount, which can boost long‑term returns and subtly change ownership percentages.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mason Karol V
(Last)(First)(Middle)
CONSOLIDATED EDISON, INC. C/O SECRETARY
4 IRVING PLACE; ROOM 16-205
(Street)
NEW YORK NEW YORK 10003
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
CONSOLIDATED EDISON INC [ ED ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026A1,596(1)A$106.5111,947.525(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the annual equity award of Deferred Stock Units ("DSU") under the Consolidated Edison, Inc. (the "Company") Long Term Incentive Plan (the "Plan"). Each DSU represents one share of the Company's Common Stock.
2. Includes 68.792, 87.966, 88.751 and 79.357 DSUs acquired on June 16, 2025, September 12, 2025, December 15, 2025 and March 16, 2026, respectively, pursuant to the dividend reinvestment provision of the Plan.
William J. Kelleher; Attorney-in-Fact05/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Karol V. Mason report at CONSOLIDATED EDISON INC (ED)?

Karol V. Mason reported receiving an annual equity award of 1,596 Deferred Stock Units, each representing one share of Common Stock, under Consolidated Edison’s Long Term Incentive Plan. This is a compensation-related grant, not an open-market stock purchase.

Was the Mason transaction in ED stock a buy, sell, or grant?

The transaction was a grant of Deferred Stock Units, classified as an acquisition by award rather than a market buy. It reflects stock-based compensation provided under Consolidated Edison’s Long Term Incentive Plan, not an investor-initiated trade in the open market.

At what price were Karol V. Mason’s ED Deferred Stock Units valued in the grant?

The Deferred Stock Units were valued at $106.51 per share for the grant. Each DSU represents one share of Consolidated Edison’s Common Stock, providing equity-based compensation aligned with the company’s share price at the time of the award.

How many CONSOLIDATED EDISON INC shares does Mason hold after this Form 4 transaction?

After the grant, Karol V. Mason holds 11,947.525 shares of Consolidated Edison Common Stock directly. This total includes prior holdings plus the new Deferred Stock Unit award reported in the Form 4, illustrating Mason’s ongoing equity stake in the company.

Does the ED Form 4 show any insider selling by Karol V. Mason?

The filing does not show any insider selling by Mason. It reports only an acquisition through a grant of Deferred Stock Units as annual equity compensation, with no corresponding dispositions or open-market sales of Consolidated Edison Common Stock.

What plan governs the Deferred Stock Unit award reported for ED director Karol V. Mason?

The award is granted under Consolidated Edison, Inc.’s Long Term Incentive Plan. Under this plan, each Deferred Stock Unit represents one share of the company’s Common Stock, allowing directors to receive part of their compensation in equity form.