Stuart Nachmias - 31 Dec 2025 Form 4 Insider Report for CONSOLIDATED EDISON INC (ED)

Role: President & CEO, CET
Signature: William J. Kelleher; Attorney-in-Fact
Issuer symbol: ED
Transactions as of: 31 Dec 2025
Net transactions value: -$46,848
Form type: 4
Filing time: 05 Jan 2026, 16:35:54 UTC
Previous filing: 23 Apr 2025
Next filing: 20 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Nachmias Stuart	President & CEO, CET	CONSOLIDATED EDISON, INC. C/O SECRETARY, 4 IRVING PLACE, SUITE 16-205, NEW YORK	William J. Kelleher; Attorney-in-Fact	05 Jan 2026	0001795103

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ED	Common Stock	Options Exercise		+1,300	+15%		10,181	31 Dec 2025	Direct	F1, F2
transaction	ED	Common Stock	Tax liability	$46,848	-469	-4.6%	$99.89	9,712	31 Dec 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ED	Time-Based Restricted Stock Units	Options Exercise	$0	-1,300	-100%	$0.000000	0	31 Dec 2025	Common	1,300		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Time-based restricted stock units convert into common stock on a one-for-one basis.
F2	Includes 111.229 shares acquired under the Company's Stock Purchase Plan for the periods from February 2025 to November 2025, as well as 42.109 deferred stock units ("DSUs") acquired on March 15, 2025, 49.029 deferred stock units ("DSUs") acquired on June 15, 2025, 52.678 DSUs on September 15, 2025 and 53.148 DSUs on December 15, 2025, pursuant to the Company's Long Term Incentive Plan's dividend reinvestment provision. Each DSU represents one share of the Company's common stock.

Content

Time-based restricted stock units convert into common stock on a one-for-one basis.

Includes 111.229 shares acquired under the Company's Stock Purchase Plan for the periods from February 2025 to November 2025, as well as 42.109 deferred stock units ("DSUs") acquired on March 15, 2025, 49.029 deferred stock units ("DSUs") acquired on June 15, 2025, 52.678 DSUs on September 15, 2025 and 53.148 DSUs on December 15, 2025, pursuant to the Company's Long Term Incentive Plan's dividend reinvestment provision. Each DSU represents one share of the Company's common stock.