Mason Karol V 4
Research Summary
AI-generated summary
Consolidated Edison (ED) Director Karol V. Mason Receives 1,596-Share Award
What Happened
- Karol V. Mason, a director of Consolidated Edison, received an award of 1,596 Deferred Stock Units (DSUs) on 2026-05-19. The DSUs are reported at $106.51 each, for a total grant value of $169,990. This was an equity award (transaction code A), not a market purchase or sale.
Key Details
- Transaction date: 2026-05-19; Price per unit: $106.51; Total value: $169,990.
- Transaction type: Award / acquisition of DSUs (code A).
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing date: 2026-05-20 (filed promptly the next day; not reported late).
- Footnotes: F1 — the grant is the annual DSU award under the company’s Long Term Incentive Plan; each DSU represents one share. F2 — the filing notes prior dividend reinvestment additions of 68.792, 87.966, 88.751 and 79.357 DSUs on 2025-06-16, 2025-09-12, 2025-12-15 and 2026-03-16, respectively.
Context
- DSUs are deferred equity awards that represent shares (per F1) and are typically compensation rather than an open-market investment. Such awards are routine for directors and do not by themselves indicate a buy/sell signal; they generally convert to actual shares under plan rules or at a future payout event.