Con Edison Board Elects New Directors, Approves Compensation
Ticker: ED · Form: 8-K · Filed: May 21, 2024 · CIK: 1047862
| Field | Detail |
|---|---|
| Company | Consolidated Edison Inc (ED) |
| Form Type | 8-K |
| Filed Date | May 21, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, board-election, compensation
Related Tickers: ED
TL;DR
Con Ed board shakeup: new directors elected, exec pay approved.
AI Summary
Consolidated Edison Inc. announced on May 20, 2024, that its Board of Directors has elected new members and approved executive compensation arrangements. The filing also details matters submitted for a vote of security holders and includes financial statements and exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters such as director elections and compensation, which typically carry low inherent risk.
Key Players & Entities
- Consolidated Edison Inc. (company) — Filer of the 8-K
- Consolidated Edison Co of New York Inc. (company) — Related entity
- May 20, 2024 (date) — Date of board actions
FAQ
Who were the newly elected directors at Consolidated Edison Inc.?
The filing states that the Board of Directors elected new members, but does not name them in the provided text.
What specific executive compensation arrangements were approved?
The filing indicates approval of compensatory arrangements for certain officers, but the details of these arrangements are not specified in the provided text.
What matters were submitted to a vote of security holders?
The filing mentions that matters were submitted to a vote of security holders, but does not specify what those matters were.
When did the Board of Directors take these actions?
The Board of Directors elected new members and approved compensation arrangements on May 20, 2024.
What is the primary purpose of this 8-K filing?
This 8-K filing serves to report on the departure of directors or certain officers, the election of directors, the appointment of certain officers, compensatory arrangements, matters submitted to a vote of security holders, and financial statements and exhibits.
Filing Stats: 996 words · 4 min read · ~3 pages · Grade level 10.9 · Accepted 2024-05-21 16:11:38
Filing Documents
- d813989d8k.htm (8-K) — 52KB
- d813989dex10.htm (EX-10) — 116KB
- d813989dex99.htm (EX-99) — 11KB
- 0001193125-24-143920.txt ( ) — 355KB
- ed-20240520.xsd (EX-101.SCH) — 5KB
- ed-20240520_cal.xml (EX-101.CAL) — 1KB
- ed-20240520_def.xml (EX-101.DEF) — 12KB
- ed-20240520_lab.xml (EX-101.LAB) — 17KB
- ed-20240520_pre.xml (EX-101.PRE) — 12KB
- d813989d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit 10 Consolidated Edison, Inc. Stock Purchase Plan (As Amended and Restated Effective May 20, 2024). Exhibit 99 Copy of the description of the Consolidated Edison, Inc. Stock Purchase Plan (As Amended and Restated Effective May 20, 2024) incorporated by reference in Item 5.02 this report. Exhibit 104 Cover Page Interactive Data File - The cover page iXBRL tags are embedded within the inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CONSOLIDATED EDISON, INC. CONSOLIDATED EDISON COMPANY OF NEW YORK, INC. By /s/ Joseph Miller Joseph Miller Vice President, Controller and Chief Accounting Officer Date: May 21, 2024