Con Edison VP buys ED shares at $105.81
VP & Controller Joseph Miller made a small open-market share purchase in ED and reported updated direct, deferred, and TRASOP plan holdings.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
CONSOLIDATED EDISON INC (ED) officer Joseph Miller, VP & Controller, reported an open-market purchase of 1.05 shares of common stock on September 15, 2026 at $105.81 per share. After this transaction, he directly holds 5,266.165 shares, including shares from the Employee Stock Purchase Plan and deferred stock units, and indirectly holds additional shares through a TRASOP plan.
Insider Trade Summary
Net Buyer: 1.05 shares
Net Buy
1 txn
Insider
Miller Joseph
Role
VP & Controller
Bought
1.05 shs ($111.10)
Increase in Position
0.02%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 1.05 | $105.81 | $111.10 |
| Holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,266.165 shares (Direct);
Common Stock — 121.806 shares (Indirect, By Tax Reduction Act Stock Ownership Plan (TRASOP))
Holdings Before and After:
Common Stock, 5,265.115 to 5,266.165 shares (Direct)
Footnotes (3)
- F1. Includes 12.357, 2.042 and 2.076 shares acquired under the Consolidated Edison, Inc. Employee Stock Purchase Plan on 6/30/2026, 7/31/2026, and 8/31/2026, respectively.
- F2. Includes 32.05 deferred stock units ("DSUs") acquired on June 15, 2026 pursuant to the Company's Long Term Incentive Plan's dividend reinvestment provision. Each DSU represents one share of the Company's common stock.
- F3. Between 5/29/2026 and 8/31/2026, the reporting person's shares of Company common stock under the TRASOP increased by 0.936 shares. The information in this report is based on a TRASOP plan statement dated as of 8/31/2026.
Key Figures
Shares purchased: 1.05 shares
Purchase price: $105.81 per share
Direct holdings after transaction: 5,266.165 shares
+4 more
7 metrics
Shares purchased
1.05 shares
Open-market purchase on September 15, 2026
Purchase price
$105.81 per share
Open-market purchase on September 15, 2026
Direct holdings after transaction
5,266.165 shares
Common stock directly owned after September 15, 2026 purchase
Indirect TRASOP holdings
121.806 shares
Common stock held by TRASOP as of August 31, 2026
TRASOP increase
0.936 shares
Increase in TRASOP-held shares between May 29, 2026 and August 31, 2026
ESPP acquisition on June 30, 2026
12.357 shares
Shares acquired under Employee Stock Purchase Plan
Deferred stock units
32.05 units
DSUs acquired June 15, 2026; each represents one common share
Key Terms
Employee Stock Purchase Plan, Deferred stock units, Long Term Incentive Plan, Tax Reduction Act Stock Ownership Plan (TRASOP)
4 terms
Employee Stock Purchase Plan financial
"shares acquired under the Consolidated Edison, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Deferred stock units financial
"Includes 32.05 deferred stock units ("DSUs") acquired on June 15, 2026"
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
"pursuant to the Company's Long Term Incentive Plan's dividend reinvestment provision"
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.
Tax Reduction Act Stock Ownership Plan (TRASOP) financial
"shares of Company common stock under the TRASOP increased by 0.936 shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ED officer Joseph Miller report on this Form 4?
He reported a purchase of 1.05 shares of CONSOLIDATED EDISON INC common stock on September 15, 2026 at $105.81 per share, along with updated direct and indirect share holdings including plan-related shares and deferred stock units.
What indirect ED holdings does Joseph Miller report under the TRASOP plan?
He reports indirect ownership of 121.806 shares of CONSOLIDATED EDISON INC common stock by Tax Reduction Act Stock Ownership Plan (TRASOP), based on a plan statement dated August 31, 2026. Between May 29, 2026 and August 31, 2026, these TRASOP shares increased by 0.936 shares.
Were Joseph Miller’s ED transactions under a Rule 10b5-1 trading plan?
The filing indicates no Rule 10b5-1 plan is reported. The document-level checkbox that affirms trades under a Rule 10b5-1 trading plan is marked false for this Form 4.
What are deferred stock units (DSUs) reported by Joseph Miller for ED?
He reports 32.05 deferred stock units (DSUs) acquired on June 15, 2026 under the Long Term Incentive Plan’s dividend reinvestment provision. The filing states that each DSU represents one share of CONSOLIDATED EDISON INC common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
