[Form 4] CONSOLIDATED EDISON INC Insider Trading Activity

Rhea-AI Filing Summary

Joseph Miller, Vice President & Controller of Consolidated Edison, Inc. (ticker ED), reported an open-market purchase on 09/15/2025 of 1.056 shares of Common Stock at $97.46 per share. After the transaction he directly beneficially owns 3,646.976 shares and indirectly owns 117.978 shares through the company's Tax Reduction Act Stock Ownership Plan (TRASOP). The filing notes small additional ESPP purchases of 12.509, 2.147 and 2.262 shares on 6/30/2025, 7/31/2025 and 8/31/2025, respectively, and that TRASOP holdings increased by 0.967 shares between 5/31/2025 and 8/31/2025.

Positive

• Officer purchase disclosed: Vice President & Controller purchased 1.056 shares, demonstrating insider participation.
• Complete disclosure: Filing provides transaction date, price, post-transaction holdings, ESPP and TRASOP detail.
• ESPP/TRASOP activity documented: ESPP purchases and a 0.967-share increase in TRASOP are itemized, supporting transparency.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider made a small open-market purchase; transaction size is immaterial to company valuation.

The 1.056-share purchase at $97.46 is clearly disclosed and increases the reporting person's direct stake to 3,646.976 shares. Given the very small size relative to typical institutional or executive holdings, this transaction is unlikely to be material to Consolidated Edison(ED) shareholders or to alter market perceptions. The additional ESPP contributions and the 0.967-share rise in TRASOP holdings are administrative details consistent with routine employee participation in equity plans.

Corporate Governance Expert

TL;DR: Disclosure is complete and follows Section 16 reporting requirements; no governance concerns identified.

The Form 4 properly identifies the reporting person, relationship (VP & Controller), transaction date, price, and post-transaction beneficial ownership, and includes an explanation of ESPP and TRASOP adjustments. The signature by an attorney-in-fact is provided. There are no indications of delinquent reporting, derivative transactions, or changes in control in this filing; it appears to be a routine insider purchase and equity-plan update.

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
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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^*

Miller Joseph

(Last) (First) (Middle)

CONSOLIDATED EDISON, INC. C/O SECRETARY

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)
	VP & Controller

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025		P		1.056	A	$97.46	3,646.976(1)	D
Common Stock								117.978(2)	I	By Tax Reduction Act Stock Ownership Plan (TRASOP)

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

Explanation of Responses:

1. Includes 12.509, 2.147 and 2.262 shares acquired under the Consolidated Edison, Inc. Employee Stock Purchase Plan on 6/30/2025, 7/31/2025, and 8/31/2025, respectively.

2. Between 5/31/25 and 8/31/2025, the reporting person's shares of Company common stock under the TRASOP increased by 0.967 shares. The information in this report is based on a TRASOP plan statement dated as of 8/31/2025.

	William J. Kelleher; Attorney-in-Fact	09/16/2025
	** 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.
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FAQ

Who filed this Form 4 for Consolidated Edison (ED)?

The filing was made by Joseph Miller, identified as Vice President & Controller of Consolidated Edison, Inc.

What transaction is reported on the Form 4 for ED?

An open-market purchase of 1.056 shares of Common Stock on 09/15/2025 at a price of $97.46 per share.

What are Joseph Miller's holdings after the reported transaction?

Following the transaction he directly beneficially owns 3,646.976 shares and indirectly owns 117.978 shares via the TRASOP.

Does the Form 4 disclose other recent equity-plan activity?

Yes; it lists ESPP purchases of 12.509, 2.147, and 2.262 shares on 6/30/2025, 7/31/2025, and 8/31/2025, respectively, and notes a 0.967-share TRASOP increase between 5/31/2025 and 8/31/2025.

Was the Form 4 properly signed and dated?

Yes; the form shows signature authority by William J. Kelleher, Attorney-in-Fact, dated 09/16/2025.