Con Edison VP buys small amount of common stock
CONSOLIDATED EDISON INC VP & Controller Joseph Miller reported a small open-market purchase of company common stock.
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Form Type
4
Rhea-AI Filing Summary
CONSOLIDATED EDISON INC VP & Controller Joseph Miller reported a small open-market purchase of company common stock. He bought 1.031 shares at $106.87 per share and now directly holds 5,216.593 shares. He also has 120.87 shares indirectly through a TRASOP plan and 23.38 deferred stock units.
Insider Trade Summary
Net Buyer: 1.031 shares
Net Buy
2 txns
Insider
Miller Joseph
Role
VP & Controller
Bought
1.031 shs ($110.18)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1.031 | $106.87 | $110.18 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,216.593 shares (Direct);
Common Stock — 120.87 shares (Indirect, By Tax Reduction Act Stock Ownership Plan (TRASOP))
Footnotes (3)
- F1. Includes 11.940, 1.993 and 2.104 shares acquired under the Consolidated Edison, Inc. Employee Stock Purchase Plan on 3/31/2026, 4/30/2026, and 5/29/2026, respectively.
- F2. Includes 23.38 deferred stock units ("DSUs") acquired on March 15, 2026 pursuant to the Company's Long Term Incentive Plan's dividend reinvestment provision. Each DSU represents one share of the Company's common stock.
- F3. Between 2/27/2026 and 5/29/2026, the reporting person's shares of Company common stock under the TRASOP increased by 0.992 shares. The information in this report is based on a TRASOP plan statement dated as of 5/29/2026.
Key Figures
Open-market purchase: 1.031 shares
Purchase price: $106.87/share
Direct holdings after transaction: 5,216.593 shares
+3 more
6 metrics
Open-market purchase
1.031 shares
Common Stock bought on 2026-06-15
Purchase price
$106.87/share
Open-market common stock buy
Direct holdings after transaction
5,216.593 shares
Common Stock directly owned by Joseph Miller
Indirect TRASOP holdings
120.87 shares
Common Stock held via TRASOP plan
Deferred stock units
23.38 DSUs
Each DSU equals one common share
Net buy shares
1.031 shares
Net buy direction in transaction summary
Key Terms
Tax Reduction Act Stock Ownership Plan (TRASOP), Employee Stock Purchase Plan, Deferred stock units ("DSUs"), Long Term Incentive Plan
4 terms
Tax Reduction Act Stock Ownership Plan (TRASOP) financial
"shares of Company common stock under the TRASOP increased by 0.992 shares."
Employee Stock Purchase Plan financial
"shares acquired under the Consolidated Edison, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Deferred stock units ("DSUs") financial
"Includes 23.38 deferred stock units ("DSUs") acquired on March 15, 2026"
Long Term Incentive Plan financial
"pursuant to the Company's Long Term Incentive Plan's dividend reinvestment provision."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Consolidated Edison (ED) report for Joseph Miller?
Consolidated Edison VP & Controller Joseph Miller reported buying 1.031 common shares. The open-market purchase was at $106.87 per share, reflecting a very small addition to his overall holdings disclosed in this Form 4 filing.
What is the TRASOP holding reported for Joseph Miller at Consolidated Edison (ED)?
The filing shows 120.87 Consolidated Edison common shares held indirectly for Joseph Miller through a Tax Reduction Act Stock Ownership Plan (TRASOP). A footnote notes these TRASOP holdings increased by 0.992 shares between February 27, 2026 and May 29, 2026.
What deferred stock units (DSUs) are disclosed for Joseph Miller at Consolidated Edison (ED)?
The filing reports 23.38 deferred stock units for Joseph Miller, acquired on March 15, 2026 under the Long Term Incentive Plan’s dividend reinvestment feature. Each DSU represents one share of Consolidated Edison common stock, effectively tracking the value of a single share.
Does the Consolidated Edison (ED) Form 4 show any insider selling by Joseph Miller?
No insider sales are reported for Joseph Miller in this Form 4. The transaction summary shows one open-market purchase totaling 1.031 shares, net buy shares of 1.031, and no sell transactions or derivative exercises during the reported period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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