Farhadian Weinstein Tali 4
Research Summary
AI-generated summary
Consolidated Edison (ED) Director Tali Farhadian‑Weinstein Receives Award
What Happened
- Tali Farhadian‑Weinstein, a director of Consolidated Edison, received an award of 1,277 deferred stock units (DSUs) on 2026-07-01. The filing values the grant at $110.95 per share, for a total value of $141,683.
- This was an equity award (transaction code A), not an open‑market purchase or sale. Each DSU represents one share of Consolidated Edison common stock and reflects a pro‑rata portion of her annual director equity award granted upon joining the board.
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-06.
- Award: 1,277 DSUs at $110.95 per share; total value shown $141,683.
- Shares owned after transaction: not stated in the provided filing details.
- Footnote: The DSUs represent the pro‑rata portion of the annual Deferred Stock Unit award under the company’s Long Term Incentive Plan granted when Ms. Farhadian‑Weinstein joined the board.
- Filing timeliness: Form 4 was filed five days after the transaction date; Form 4s are generally due within two business days, so reviewers may check the filing for any timeliness notes.
Context
- DSU grants are a form of director compensation and are typically routine; they do not by themselves indicate an insider buying or selling stock in the open market.
- Each DSU converts to one share of common stock under plan terms (vesting/settlement timing not specified in the filing).