Zoi Catherine 4
Research Summary
AI-generated summary
Consolidated Edison Director Zoi Catherine Receives 1,596-Share Award
What Happened
- Zoi Catherine, a director of Consolidated Edison, Inc. (ED), received an award of 1,596 Deferred Stock Units (DSUs) on May 19, 2026. The DSUs are valued at $106.51 each, for a total reported value of $169,990. This was an equity award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: May 19, 2026 — 1,596 DSUs @ $106.51 each (total $169,990).
- Award type: Annual equity award of Deferred Stock Units under the company’s Long Term Incentive Plan (each DSU represents one share).
- Dividend reinvestment: Includes additional DSUs acquired via dividend reinvestment on 6/16/2025 (18.442 DSUs), 9/12/2025 (33.869 DSUs), 12/15/2025 (34.171 DSUs) and 3/16/2026 (30.554 DSUs) per the filing.
- Filing/timeliness: Report filed 2026-05-20 for a 2026-05-19 transaction (timely filing).
- Shares owned after transaction: Not specified in the provided filing details.
Context
- This transaction is an award of deferred units (compensation), not a market purchase or sale; DSUs typically convert to shares or cash under plan terms at a later date or upon separation, so it doesn't directly indicate buying or selling sentiment.
- For retail investors, awards are routine compensation for directors and should be considered alongside other insider transactions and company fundamentals.