Con Edison director receives 1,596-share equity award
CONSOLIDATED EDISON INC director William J. Mulrow received an annual equity award of 1,596 Deferred Stock Units (DSUs) of Common Stock on May 19, 2026 under the company’s Long Term Incentive Plan.
Rhea-AI Filing Summary
CONSOLIDATED EDISON INC director William J. Mulrow received an annual equity award of 1,596 Deferred Stock Units (DSUs) of Common Stock on May 19, 2026 under the company’s Long Term Incentive Plan. The grant is priced at $106.51 per unit and represents stock-based compensation, not an open‑market purchase.
After this award, Mulrow directly holds a total of 12,597.506 DSUs, including 44.363 DSUs acquired on March 16, 2026 through the Plan’s dividend reinvestment provision. Each DSU represents one share of Consolidated Edison’s Common Stock.
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Insider Trade Summary
Grant/Award: 1,596 shares
Grant/Award
1 txn
Insider
MULROW WILLIAM J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,596 | $106.51 | $170K |
Holdings After Transaction:
Common Stock — 12,597.506 shares (Direct)
Footnotes (2)
- F1. Represents the annual equity award of Deferred Stock Units ("DSU") under the Consolidated Edison, Inc. (the "Company") Long Term Incentive Plan (the "Plan"). Each DSU represents one share of the Company's Common Stock.
- F2. Includes 44.363 DSUs acquired on March 16, 2026 pursuant to the dividend reinvestment provision of the Plan.
Key Figures
Equity award size: 1,596 Deferred Stock Units
Award value per unit: $106.51 per DSU
Total DSUs after award: 12,597.506 units
+1 more
4 metrics
Equity award size
1,596 Deferred Stock Units
Annual equity award on May 19, 2026
Award value per unit
$106.51 per DSU
Reported transaction price for May 19, 2026 grant
Total DSUs after award
12,597.506 units
Holdings following May 19, 2026 transaction
Dividend reinvestment units
44.363 DSUs
Acquired March 16, 2026 via dividend reinvestment
Key Terms
Deferred Stock Units, Long Term Incentive Plan, dividend reinvestment provision
3 terms
Deferred Stock Units financial
"Represents the annual equity award of Deferred Stock Units ("DSU") under the Consolidated Edison, Inc. Long Term Incentive Plan."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Long Term Incentive Plan financial
"Represents the annual equity award of Deferred Stock Units under the Consolidated Edison, Inc. Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
dividend reinvestment provision financial
"Includes 44.363 DSUs acquired on March 16, 2026 pursuant to the dividend reinvestment provision of the Plan."
A dividend reinvestment provision is a company policy that lets shareholders automatically use their cash dividends to buy more shares instead of receiving money. Think of it like a subscription that turns each payday into buying an extra slice of the same pie; it helps investors compound their holdings over time, often with lower transaction costs and sometimes at a small discount, which can boost long‑term returns and subtly change ownership percentages.
FAQ
What insider transaction did Consolidated Edison (ED) report for William J. Mulrow?
Consolidated Edison reported that director William J. Mulrow received an annual equity award of 1,596 Deferred Stock Units. The award, dated May 19, 2026, is stock-based compensation under the company’s Long Term Incentive Plan and not an open-market share purchase.
How many Consolidated Edison (ED) stock units does William J. Mulrow hold after this Form 4?
After the May 19, 2026 equity award, William J. Mulrow holds 12,597.506 Deferred Stock Units. This total includes the new 1,596-unit grant and 44.363 DSUs previously acquired on March 16, 2026 via the Plan’s dividend reinvestment provision.
What is the nature of the 1,596-unit award reported for Consolidated Edison (ED) director Mulrow?
The 1,596 units are Deferred Stock Units granted as an annual equity award under Consolidated Edison’s Long Term Incentive Plan. Each DSU represents one share of Common Stock, providing stock-based compensation rather than a cash bonus or open-market share purchase.
At what price were William J. Mulrow’s Consolidated Edison (ED) Deferred Stock Units valued?
The 1,596 Deferred Stock Units granted to William J. Mulrow on May 19, 2026 were valued at $106.51 per unit. This price is used for reporting purposes in the Form 4 and reflects the value assigned to the stock-based compensation award.
How did dividend reinvestment affect William J. Mulrow’s Consolidated Edison (ED) holdings?
Dividend reinvestment under the Long Term Incentive Plan added 44.363 Deferred Stock Units to William J. Mulrow’s holdings on March 16, 2026. These DSUs were acquired through the Plan’s dividend reinvestment provision and are included in his total 12,597.506 units.
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