[Form 4] CONSOLIDATED EDISON INC Insider Trading Activity

Rhea-AI Filing Summary

CONSOLIDATED EDISON INC reported that SVP & CFO Kirkland B. Andrews acquired new stock-based awards under the company’s Long Term Incentive Plan. He received 12,900 Performance Units and 5,500 time-based restricted stock units at a stated price of $0.00 per unit.

The Performance Units are scheduled to vest in 2029 once the Management Development and Compensation Committee determines whether performance criteria are met, and each unit is economically equivalent to one share of common stock. The time-based restricted stock units are scheduled to vest in full on December 31, 2028, with each unit representing a contingent right to receive one share of common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Andrews Kirkland B

Role SVP & CFO

Type	Security	Shares	Price	Value
Grant/Award	Performance Units	12,900	$0.00	--
Grant/Award	Time-Based Restricted Stock Units	5,500	$0.00	--

Holdings After Transaction: Performance Units — 12,900 shares (Direct); Time-Based Restricted Stock Units — 5,500 shares (Direct)

Footnotes (1)

1. Represents a grant of Performance Units granted under the Company's Long Term Incentive Plan (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.

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
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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^*

Andrews Kirkland B

(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)
	SVP & CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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

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
Performance Units	(1)	02/18/2026		A		12,900		(1)	(1)	Common Stock	12,900	(1)	12,900	D
Time-Based Restricted Stock Units	(2)	02/18/2026		A		5,500		12/31/2028	12/31/2028	Common Stock	5,500	(2)	5,500	D

Explanation of Responses:

1. Represents a grant of Performance Units granted under the Company's Long Term Incentive Plan (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.

2. 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.

	William J. Kelleher; Attorney-in-Fact	02/20/2026
	** 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).
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FAQ

What did CONSOLIDATED EDISON (ED) disclose in this Form 4 filing?

The filing shows SVP & CFO Kirkland B. Andrews received equity awards under the Long Term Incentive Plan. He was granted 12,900 Performance Units and 5,500 time-based restricted stock units, both tied to future vesting conditions and deliverable in company common stock or cash equivalents.

How many Performance Units did the Con Edison CFO receive?

Kirkland B. Andrews received 12,900 Performance Units. Each Performance Unit is economically equivalent to one share of CONSOLIDATED EDISON common stock, with the final number of shares or cash equivalents adjusted based on achievement of specified performance criteria determined by a Board committee.

When do the Con Edison Performance Units granted to the CFO vest?

The Performance Units are scheduled to vest in 2029. Vesting depends on the Management Development and Compensation Committee determining performance results, and the ultimate number of shares or cash equivalents delivered will be adjusted based on how well those performance criteria are achieved over the measurement period.

What are the terms of the time-based restricted stock units granted to the Con Edison CFO?

The CFO received 5,500 time-based restricted stock units under the Long Term Incentive Plan. These units are scheduled to vest in full on December 31, 2028, and each unit represents a contingent right to receive one share of CONSOLIDATED EDISON common stock at vesting.

Did the Con Edison CFO pay anything for these equity awards?

The awards were granted at a stated price of $0.00 per unit. This reflects typical long-term incentive grants, where the executive does not pay cash at grant but receives units that may convert into shares or cash if vesting conditions are satisfied.

Under what plan were these awards to the Con Edison CFO granted?

Both the Performance Units and time-based restricted stock units were granted under CONSOLIDATED EDISON’s Long Term Incentive Plan. This plan provides equity-based compensation that vests over time or based on performance criteria set and evaluated by the company’s Board-level compensation committee.