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Consolidated Edison (NYSE: ED) SVP converts RSUs, withholds shares for taxes

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

Rhea-AI Filing Summary

Consolidated Edison Inc. reported an insider equity transaction by its SVP, Corporate Affairs. On 12/31/2025, time-based restricted stock units converted into common stock on a one-for-one basis, resulting in the acquisition of 1,900 shares of common stock through an option exercise coded "M" at an exercise price of $0. After this, the officer beneficially owned 2,546.175 shares of common stock directly.

Also on 12/31/2025, the officer disposed of 766 shares of common stock in a transaction coded "F" at a price of $99.89 per share, typically indicating shares withheld to cover taxes. Following these transactions, the officer directly held 1,780.175 common shares, and the number of time-based restricted stock units reported in Table II was reduced to 0. The holdings include 400.447 shares acquired under the company’s Stock Purchase Plan for periods from May 2024 to November 2025.

Positive

  • None.

Negative

  • None.
Insider Hensley Jennifer
Role SVP, Corporate Affairs
Type Security Shares Price Value
Exercise Time-Based Restricted Stock Units 1,900 $0.00 --
Exercise Common Stock 1,900 $0.00 --
Tax Withholding Common Stock 766 $99.89 $77K
Holdings After Transaction: Time-Based Restricted Stock Units — 0 shares (Direct); Common Stock — 2,546.175 shares (Direct)
Footnotes (1)
  1. Time-based restricted stock units convert into common stock on a one-for-one basis. Includes 400.447 shares acquired under the Company's Stock Purchase Plan for the periods from May 2024 to November 2025.
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*
Hensley Jennifer
(Last) (First) (Middle)
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, Corporate Affairs
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 1,900 A (1) 2,546.175(2) D
Common Stock 12/31/2025 F 766 D $99.89 1,780.175 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
Time-Based Restricted Stock Units (1) 12/31/2025 M 1,900 12/31/2025 12/31/2025 Common Stock 1,900 $0 0 D
Explanation of Responses:
1. Time-based restricted stock units convert into common stock on a one-for-one basis.
2. Includes 400.447 shares acquired under the Company's Stock Purchase Plan for the periods from May 2024 to November 2025.
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.
* 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Consolidated Edison Inc (ED) disclose?

Consolidated Edison Inc disclosed that its SVP, Corporate Affairs, had time-based restricted stock units convert into 1,900 shares of common stock on 12/31/2025, and also had a related share disposal the same day.

How many Consolidated Edison (ED) shares did the officer acquire and at what price?

The officer acquired 1,900 shares of Consolid Edison common stock through the conversion of time-based restricted stock units, with an exercise price of $0 per share, as shown by transaction code "M".

What was the share sale or withholding reported for the Consolidated Edison (ED) insider?

The filing reports a transaction coded "F" on 12/31/2025, in which 766 shares of common stock were disposed of at $99.89 per share, which typically reflects shares withheld to satisfy tax obligations.

How many Consolidated Edison (ED) shares does the officer own after these transactions?

After the reported transactions, the officer directly beneficially owned 1,780.175 shares of Consolidated Edison common stock.

What happened to the officer’s time-based restricted stock units at Consolidated Edison (ED)?

The time-based restricted stock units converted into 1,900 shares of common stock on a one-for-one basis, and the number of such units reported as beneficially owned became 0 after the conversion.

What are the additional Consolidated Edison (ED) shares from the Stock Purchase Plan?

The filing notes that the officer’s holdings include 400.447 shares acquired under the company’s Stock Purchase Plan for the periods from May 2024 to November 2025.

What is the officer’s role at Consolidated Edison Inc (ED)?

The reporting person is an officer of Consolidated Edison Inc, serving as SVP, Corporate Affairs.