Consolidated Edison Director Michael W. Ranger Receives DSUs in Lieu of Cash Retainer
CONSOLIDATED EDISON INC
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Filing Summary
📋 Consolidated Edison Inc ($ED) | Form 4 Insider Filing Insider: Michael W. Ranger (Director) Transaction: Acquisition (DSUs in lieu of quarterly cash retainer) Shares: 476.959 @ $102.21 (~$48,750) Total Owned After: 103,219.503 shares/DSUs Significance: Low (Routine quarterly board compensation)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Consolidated Edison Inc ($ED) filed a Form 4 for Director Michael W. Ranger disclosing an acquisition of 476.959 Deferred Stock Units (DSUs) on September 30, 2026, at an implied price of $102.21 per share, totaling approximately $48,750.
Transaction Details
- Security: Common Stock (underlying Deferred Stock Units)
- Transaction Code:
A(Grant/Award) - Nature of Acquisition: The DSUs were acquired pursuant to the Consolidated Edison, Inc. Long Term Incentive Plan in lieu of cash for the director's quarterly board retainer fee.
- Holdings: Following this transaction, Mr. Ranger beneficially owns 103,219.503 direct shares/units (which also includes 864.023 DSUs acquired via dividend reinvestment on September 15, 2026).
Market & Trading Significance
This transaction carries Low informational significance for investors. It represents routine, plan-governed quarterly compensation where director cash retainer fees are converted into deferred equity. It does not reflect discretionary open-market buying or selling activity.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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