Director at Consolidated Edison (NYSE: ED) receives 1,596 share units

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

CONSOLIDATED EDISON INC director L. Frederick Sutherland acquired 1,596 Deferred Stock Units as an annual equity award. The award, valued at a reference price of $106.51 per share, was granted under the company’s Long Term Incentive Plan and represents common stock on a one-for-one basis.

After this grant, Sutherland directly holds a total of 93,043.326 common shares and DSUs. Footnotes explain that his holdings also include DSUs accumulated through the Plan’s dividend reinvestment provision on several prior dates.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SUTHERLAND L FREDERICK

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,596	$106.51	$170K

Holdings After Transaction: Common Stock — 93,043.326 shares (Direct, null)

Footnotes (1)

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. Includes 687.382, 752.595, 759.308 and 678.938 DSUs acquired on June 16, 2025, September 12, 2025, December 15, 2025 and March 16, 2026, respectively, pursuant to the dividend reinvestment provision of the Plan.

Key Figures

Equity award size: 1,596 Deferred Stock Units Reference price per unit: $106.51 per share Holdings after transaction: 93,043.326 shares/DSUs +1 more

4 metrics

Equity award size 1,596 Deferred Stock Units Annual equity award granted on May 19, 2026

Reference price per unit $106.51 per share Valuation reference for DSU grant

Holdings after transaction 93,043.326 shares/DSUs Total direct position following the award

Dividend reinvestment DSUs example 759.308 DSUs One of several DSU amounts from dividend reinvestment

Key Terms

Deferred Stock Units ("DSU"), Long Term Incentive Plan, dividend reinvestment provision

3 terms

Deferred Stock Units ("DSU") financial

"Represents the annual equity award of Deferred Stock Units ("DSU") under the Consolidated Edison, Inc."

Long Term Incentive Plan financial

"under the Consolidated Edison, Inc. (the "Company") Long Term Incentive Plan (the "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

"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.

Form 4 Insider Transactions: What Each Field Means →

05/20/2026 - 04:14 PM

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^*

SUTHERLAND L FREDERICK

(Last)

(First)

(Middle)

CONSOLIDATED EDISON, INC. C/O SECRETARY

4 IRVING PLACE; ROOM 16-205

(Street)

NEW YORK

10003

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CONSOLIDATED EDISON INC [ ED ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/19/2026		A		1,596⁽¹⁾	A	$106.51	93,043.326⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. Includes 687.382, 752.595, 759.308 and 678.938 DSUs acquired on June 16, 2025, September 12, 2025, December 15, 2025 and March 16, 2026, respectively, pursuant to the dividend reinvestment provision of the Plan.

	William J. Kelleher; Attorney-in-Fact	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CONSOLIDATED EDISON INC (ED) report for L. Frederick Sutherland?

L. Frederick Sutherland received 1,596 Deferred Stock Units as an annual equity award. The grant was made under Consolidated Edison’s Long Term Incentive Plan and represents common stock on a one-for-one basis, increasing his overall equity-based holdings in the company.

At what reference price were the 1,596 DSUs awarded to the CONSOLIDATED EDISON INC (ED) director?

The 1,596 Deferred Stock Units were valued using a reference price of $106.51 per share. This price reflects the company’s common stock value applied to the award under the Long Term Incentive Plan, but does not represent an open-market purchase by the director.

How many CONSOLIDATED EDISON INC (ED) shares and units does Sutherland hold after this award?

Following the grant, L. Frederick Sutherland directly holds 93,043.326 common shares and Deferred Stock Units. This total incorporates the new 1,596-unit award as well as previously accumulated DSUs and share-equivalent interests reported in the same Form 4 filing.

What plan governs the 1,596 DSU award reported by CONSOLIDATED EDISON INC (ED)?

The 1,596 Deferred Stock Units were granted under Consolidated Edison, Inc.’s Long Term Incentive Plan. Each DSU represents one share of company common stock, providing equity-based compensation rather than a cash payment to the director receiving the award.

Do Sutherland’s CONSOLIDATED EDISON INC (ED) holdings include DSUs from dividend reinvestment?

Yes. Footnotes state his position includes DSUs acquired through the plan’s dividend reinvestment provision. These cover specific amounts credited on several dates, adding to his equity-based exposure alongside the newly granted 1,596 Deferred Stock Units reported in the current transaction.