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