Consolidated Edison (ED) SVP & General Counsel reports RSU exercise
Rhea-AI Filing Summary
Consolidated Edison, Inc. reported an insider equity transaction by its Senior Vice President and General Counsel on 12/31/2025. The executive exercised 4,300 time-based restricted stock units, which converted into the same number of common shares on a one-for-one basis.
On the same date, 2,378 common shares were disposed of in a transaction coded "F" at a price of $99.89 per share, typically indicating shares withheld to cover taxes. Following these transactions, the reporting person held 34,286.604 shares of Consolidated Edison common stock directly, including shares and deferred stock units accumulated under the company’s stock purchase and long-term incentive plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time-Based Restricted Stock Units | 4,300 | $0.00 | -- |
| Exercise | Common Stock | 4,300 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,378 | $99.89 | $238K |
Footnotes (1)
- Time-based restricted stock units convert into common stock on a one-for-one basis. Includes 285.939 shares acquired under the Company's Stock Purchase Plan for the periods from February 2025 to November 2025, as well as 184.709 deferred stock units ("DSUs") acquired on March 15, 2025, 238.666 DSUs on June 15, 2025, 256.429 DSUs on September 15, 2025 and 258.716 DSUs on December 15, 2025, pursuant to the Company's Long Term Incentive Plan's dividend reinvestment provision. Each DSU represents one share of the Company's common stock.
FAQ
What insider transaction did Consolidated Edison (ED) report in this Form 4?
The filing shows the SVP and General Counsel of Consolidated Edison, Inc. exercised 4,300 time-based restricted stock units on 12/31/2025, converting them into the same number of common shares.
What happened to the restricted stock units reported in the Consolidated Edison (ED) Form 4?
The 4,300 time-based restricted stock units were exercised and converted into 4,300 common shares at an exercise price of $0, leaving 0 restricted stock units of that grant outstanding.
Who signed the Consolidated Edison (ED) Form 4 and in what capacity?
The Form 4 was signed on 01/05/2026 by William J. Kelleher as Attorney-in-Fact for the reporting person.