Consolidated Edison (ED) director receives 1,596 deferred stock units award

Rhea-AI Filing Summary

CONSOLIDATED EDISON INC director John F. Killian reported an equity compensation award rather than an open-market trade. He received 1,596 Deferred Stock Units (DSUs) of common stock at $106.51 per share under the company’s Long Term Incentive Plan.

Each DSU represents one share of common stock, and the grant is described as his annual equity award. After this award, his directly held common stock and DSUs total 40,532.747 shares, including 145.652 and 130.235 DSUs acquired on December 15, 2025 and March 16, 2026 through the plan’s dividend reinvestment feature.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KILLIAN JOHN F

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,596	$106.51	$170K

Holdings After Transaction: Common Stock — 40,532.747 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 145.652 and 130.235 DSUs acquired on December 15, 2025 and March 16, 2026, respectively, pursuant to the dividend reinvestment provision of the Plan.

Key Figures

Equity award size: 1,596 DSUs Grant price: $106.51 per share Holdings after transaction: 40,532.747 shares +2 more

5 metrics

Equity award size 1,596 DSUs Annual equity award under Long Term Incentive Plan

Grant price $106.51 per share Price used for DSU award valuation

Holdings after transaction 40,532.747 shares Total direct common stock and DSUs following grant

Dividend reinvestment DSUs (Dec 15, 2025) 145.652 DSUs Acquired via dividend reinvestment provision

Dividend reinvestment DSUs (Mar 16, 2026) 130.235 DSUs Acquired via dividend reinvestment provision

Key Terms

Deferred Stock Units, Long Term Incentive Plan, dividend reinvestment provision, Common Stock

4 terms

Deferred Stock Units financial

"Represents the annual equity award of Deferred Stock Units ("DSU") under the Consolidated Edison, Inc."

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.

Long Term Incentive Plan financial

"under the Consolidated Edison, Inc. (the "Company") 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

"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.

Common Stock financial

"Each DSU represents one share of the Company's Common Stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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

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^*

KILLIAN JOHN F

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/19/2026		A		1,596(1)	A	$106.51	40,532.747(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 145.652 and 130.235 DSUs acquired on December 15, 2025 and March 16, 2026, respectively, pursuant to the dividend reinvestment provision of the Plan.

	William J. Kelleher; Attorney-in-Fact	05/20/2026
	** Signature of Reporting Person	Date
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)

FAQ

What did ED director John F. Killian report in this Form 4?

John F. Killian reported receiving an annual equity award of 1,596 Deferred Stock Units under Consolidated Edison’s Long Term Incentive Plan. This is a compensation-related acquisition, not an open-market stock purchase or sale.

How many Consolidated Edison (ED) shares does John F. Killian hold after this grant?

After the 1,596-unit award, John F. Killian holds 40,532.747 common shares and DSUs directly. This figure includes prior DSUs accumulated through the company’s Long Term Incentive Plan and its dividend reinvestment provision.

What are Deferred Stock Units (DSUs) in the context of ED’s plan?

Deferred Stock Units are equity awards where each unit represents one share of Consolidated Edison common stock. Under the Long Term Incentive Plan, DSUs are granted as part of director compensation and can also accumulate through dividend reinvestment.

Was this ED Form 4 transaction an insider stock purchase or sale?

The filing shows a grant coded as an acquisition, not an open-market purchase or sale. The 1,596 DSUs were awarded as equity compensation under the Long Term Incentive Plan, rather than bought or sold on the market.

How were additional DSUs accumulated for ED director John F. Killian?

The filing notes 145.652 and 130.235 DSUs were acquired on December 15, 2025 and March 16, 2026. These units arose from the dividend reinvestment provision of Consolidated Edison’s Long Term Incentive Plan.