Consolidated Edison (ED) SVP logs performance units, RSUs and stock disposals

Rhea-AI Filing Summary

Consolidated Edison SVP Jennifer Hensley reported a mix of equity award activity and share dispositions. She acquired 8,100 Performance Units that were originally granted in 2023 under the Long Term Incentive Plan, with the final number tied to achievement of performance criteria.

She also received a new grant of 3,400 time-based restricted stock units, scheduled to vest in full on December 31, 2028, each convertible into one share of common stock. In common stock, she acquired 2,782 shares through a derivative exercise, then disposed of 2,087 shares back to the company and 264 shares to cover taxes at a price of $113.92 per share, ending with 2,259.001 shares held directly.

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^*

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)
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
Common Stock	02/18/2026		M		2,782	D	(1)	4,610.001(2)	D
Common Stock	02/18/2026		D		2,087	D	$113.92(1)	2,523.001	D
Common Stock	02/18/2026		F		264	D	$113.92(1)	2,259.001	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
Performance Units	(3)	02/18/2026		M		8,100		(3)	(3)	Common Stock	8,100	(3)	8,100	D
Time - Based Restricted Stock Units	(4)	02/18/2026		A		3,400		12/31/2028	12/31/2028	Common Stock	3,400	(4)	3,400	D

Explanation of Responses:

1. Represents Performance Units granted in 2023 under the Company's Long Term Incentive Plan (the "LTIP") that vested for which the reporting person elected to receive a portion of the value in cash. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock.

2. Includes 47.826 shares acquired under the Company's Stock Purchase Plan since the reporting person's last filing.

3. Represents a grant of Performance Units granted under 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.

4. 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.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did Consolidated Edison (ED) executive Jennifer Hensley report on this Form 4?

Jennifer Hensley reported multiple equity transactions, including vested performance units, new restricted stock units, and common stock dispositions. The filing details how many units and shares she acquired or disposed of and the resulting direct ownership balance in Consolidated Edison common stock.

How many Consolidated Edison (ED) Performance Units did Jennifer Hensley report?

She reported 8,100 Performance Units tied to a 2023 grant under the Long Term Incentive Plan. The number reflects achievement of performance criteria, and each Performance Unit is economically equivalent to one share of Consolidated Edison common stock, with part of the award value elected in cash.

What new equity awards did Jennifer Hensley receive from Consolidated Edison (ED)?

She received a grant of 3,400 time-based restricted stock units under the Long Term Incentive Plan. These units are scheduled to vest in full on December 31, 2028, with each unit representing a contingent right to receive one share of Consolidated Edison common stock when vested.

How did Jennifer Hensley’s Consolidated Edison (ED) common stock holdings change?

She acquired 2,782 shares of common stock through derivative exercise, then disposed of 2,087 shares to the company and 264 shares for tax withholding at $113.92 per share, resulting in 2,259.001 shares of Consolidated Edison common stock held directly afterward.

Were any tax-related transactions reported in Jennifer Hensley’s Consolidated Edison (ED) Form 4?

Yes. The filing shows a disposition of 264 shares of Consolidated Edison common stock coded as a tax-withholding transaction at a price of $113.92 per share. This reflects using shares to satisfy tax obligations related to her equity awards.

When do Jennifer Hensley’s new Consolidated Edison (ED) equity awards vest?

The newly granted time-based restricted stock units are scheduled to vest in full on December 31, 2028. Separately, Performance Units granted in 2023 vested based on performance criteria determined under Consolidated Edison’s Long Term Incentive Plan and related committee determinations.