Consolidated Edison (ED) VP & Controller details RSU conversion and share holdings

Rhea-AI Filing Summary

Consolidated Edison Inc. vice president and controller reports equity transactions in company stock. On 12/31/2025, time-based restricted stock units converted into 600 shares of common stock, reflecting previously granted equity that vested on a one-for-one basis. On the same date, 15 shares of common stock were disposed of at $99.89 per share, typically consistent with shares withheld to cover tax obligations.

Following these transactions, the reporting person directly beneficially owned 4,317.181 shares of Consolidated Edison common stock, and indirectly held 119.956 shares through the company’s Tax Reduction Act Stock Ownership Plan (TRASOP). The TRASOP balance increased by 0.985 shares between 11/30/2025 and 12/31/2025 based on the plan statement as of 12/31/2025. Additional deferred stock units were credited during 2025 under the company’s Long Term Incentive Plan dividend reinvestment provision, each representing one share of common stock.

SEC Form 4

FORM 4

UNITED 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

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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^*

Miller Joseph

(Last) (First) (Middle)

CONSOLIDATED EDISON, INC. C/O SECRETARY

4 IRVING PLACE, ROOM 16-205

(Street)

NEW YORK NY 10003

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CONSOLIDATED EDISON INC [ ED ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Controller

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/31/2025		M		600	A	(1)	4,332.181(2)	D
Common Stock	12/31/2025		F		15	D	$99.89	4,317.181	D
Common Stock								119.956(3)	I	By Tax Reduction Act Stock Ownership Plan (TRASOP)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Time-Based Restricted Stock Units	(1)	12/31/2025		M			600	12/31/2025	12/31/2025	Common Stock	600	$0	0	D

Explanation of Responses:

1. Time-based restricted stock units convert into common stock on a one-for-one basis.

2. Includes 5.552 deferred stock units ("DSUs") acquired on March 15, 2025, 19.456 DSUs on June 15, 2025, 20.904 DSUs on September 15, 2025 and 21.090 DSUs on December 15, 2025, pursuant to the Company's Long Term Incentive Plan's dividend reinvestment provision. Each DSU represents one share of the Company's common stock.

3. Between 11/30/25 and 12/31/25 the reporting person's shares of Company common stock under the TRASOP increased by 0.985. The information in this report is based on a TRASOP plan statement dated as of 12/31/25.

	William J. Kelleher; Attorney-in-Fact	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Consolidated Edison (ED) report for 12/31/2025?

The filing reports that time-based restricted stock units converted into 600 shares of Consolidated Edison common stock on 12/31/2025, and 15 shares were disposed of at $99.89 per share on the same date.

Who is the insider involved in this Consolidated Edison (ED) stock transaction and what is their role?

The transaction involves an officer of Consolidated Edison Inc. who serves as Vice President & Controller, as indicated under the relationship to issuer section.

How many Consolidated Edison (ED) shares does the insider own after the reported transactions?

After the reported activity, the insider directly beneficially owned 4,317.181 shares of Consolidated Edison common stock and indirectly held 119.956 shares through the company’s Tax Reduction Act Stock Ownership Plan (TRASOP).

What are time-based restricted stock units in this Consolidated Edison (ED) filing?

The filing explains that time-based restricted stock units convert into common stock on a one-for-one basis, meaning each unit becomes one share of Consolidated Edison common stock when it vests.

How did the TRASOP holdings change for the Consolidated Edison (ED) insider?

Between 11/30/2025 and 12/31/2025, the insider’s shares of Consolidated Edison common stock under the TRASOP increased by 0.985 shares, based on a TRASOP plan statement dated as of 12/31/2025.

What deferred stock units (DSUs) were credited to the Consolidated Edison (ED) insider in 2025?

The insider’s holdings include DSUs acquired under the Long Term Incentive Plan’s dividend reinvestment provision: 5.552 DSUs on March 15, 2025, 19.456 DSUs on June 15, 2025, 20.904 DSUs on September 15, 2025, and 21.090 DSUs on December 15, 2025. Each DSU represents one share of Consolidated Edison common stock.