Consolidated Edison (ED) Director Michael W. Ranger Receives 477 DSUs

What Happened
Michael W. Ranger, a director of Consolidated Edison, was credited with 476.959 Deferred Stock Units (DSUs) on September 30, 2026, valued at $102.21 each, for a total reported value of $48,750. This transaction is an award/acquisition (code A) representing DSUs issued in lieu of the quarterly cash board retainer under the company’s Long Term Incentive Plan. Each DSU represents one share of Consolidated Edison common stock.

Key Details

• Transaction date and value: 2026-09-30; 476.959 DSUs at $102.21 per share; total $48,750.
• Additional DSUs: Filing notes 864.023 DSUs were also acquired on 2026-09-15 via the Plan’s dividend reinvestment provision (footnote).
• Shares/DSUs owned after the transaction: not specified in the provided filing excerpt.
• Nature of transaction: award/deferred compensation (not an open-market purchase or sale).
• Filing timeliness: Report filed 2026-10-01 for period ending 2026-09-30 (no late filing indicated).

Context
DSUs are a form of deferred equity compensation; they represent the economic equivalent of shares but are typically paid out or settled per plan rules at a later date. Awards like this are routine director compensation and do not necessarily signal a buy or sell decision by the insider.