Donnley Deneen L 4

What Happened
Deneen L. Donnley, SVP and General Counsel of Consolidated Edison (ED), sold 1,922 shares in an open-market transaction on March 12, 2026, at $113.94 per share for gross proceeds of $218,993. This was a straight sale (code S) rather than a purchase or option exercise; sales by insiders are often routine and do not necessarily signal a change in view on the company.

Key Details

• Transaction date and price: 2026-03-12 — 1,922 shares sold @ $113.94 each (total ~$218,993).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Filing notes F1 — includes 20.559 shares acquired under the company's Stock Purchase Plan since the reporting person's last filing.
• Filing timing: Report was filed 2026-03-13 covering the 2026-03-12 transaction (appears timely; Form 4 is generally due within two business days).

Context
This was an open-market sale (S), which is a common form of insider liquidity. Such sales can be for personal financial reasons and are not definitive indicators of company performance. The modest additional shares noted in the footnote (20.559) came from the employee Stock Purchase Plan and do not materially change the overall position disclosed.