Consolidated Edison

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-02-18 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: CONSOLIDATED EDISON INC (ED) CIK: 0001047862 --- Reporting Owner --- Name: Miller Joseph CIK: 0001837203 Role: Officer (VP & Controller) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-02-18 | Code: M (Exercise of derivative) Shares: +841 | Price: $113.92 Total Value: $95,806.72 Shares Owned After: 5,173.227 | Ownership: D (Direct) Footnotes: [F1] Represents Performance Units granted in 2023 under the Company's Long Term Incentive Plan (the "LTIP") that vested. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock. [F2] Includes 15.046 shares acquired under the Company's Stock Purchase Plan since the reporting person's last filing. --- Derivative Transactions --- [Transaction #1] Security: Performance Units Date: 2026-02-18 | Code: M (Exercise of derivative) Shares: -841 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F1] Represents Performance Units granted in 2023 under the Company's Long Term Incentive Plan (the "LTIP") that vested. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock. [F1] Represents Performance Units granted in 2023 under the Company's Long Term Incentive Plan (the "LTIP") that vested. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock. [F1] Represents Performance Units granted in 2023 under the Company's Long Term Incentive Plan (the "LTIP") that vested. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock. [F1] Represents Performance Units granted in 2023 under the Company's Long Term Incentive Plan (the "LTIP") that vested. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock. [Transaction #2] Security: Performance Units Date: 2026-02-18 | Code: A (Grant or award) Shares: +1,500 Shares Owned After: 1,500 | Ownership: D (Direct) Footnotes: [F4] Represents a grant of Performance Units granted under the LTIP scheduled to vest in 2029 upon the determination of the performance criteria by the Management Development and Compensation Committee of the Board of Directors of the Company. Each Performance Unit is the economic equivalent of one share of Company common stock. The number of shares (or cash equivalents) ultimately received will be adjusted and determined based upon the achievement of the performance criteria. [F4] Represents a grant of Performance Units granted under the LTIP scheduled to vest in 2029 upon the determination of the performance criteria by the Management Development and Compensation Committee of the Board of Directors of the Company. Each Performance Unit is the economic equivalent of one share of Company common stock. The number of shares (or cash equivalents) ultimately received will be adjusted and determined based upon the achievement of the performance criteria. [F4] Represents a grant of Performance Units granted under the LTIP scheduled to vest in 2029 upon the determination of the performance criteria by the Management Development and Compensation Committee of the Board of Directors of the Company. Each Performance Unit is the economic equivalent of one share of Company common stock. The number of shares (or cash equivalents) ultimately received will be adjusted and determined based upon the achievement of the performance criteria. [F4] Represents a grant of Performance Units granted under the LTIP scheduled to vest in 2029 upon the determination of the performance criteria by the Management Development and Compensation Committee of the Board of Directors of the Company. Each Performance Unit is the economic equivalent of one share of Company common stock. The number of shares (or cash equivalents) ultimately received will be adjusted and determined based upon the achievement of the performance criteria. [Transaction #3] Security: Time - Based Restricted Stock Units Date: 2026-02-18 | Code: A (Grant or award) Shares: +600 Exercisable: N/A | Expires: 2028-12-31 Shares Owned After: 600 | Ownership: D (Direct) Footnotes: [F5] Represents a grant of time-based restricted stock units under the LTIP scheduled to vest in full on December 31, 2028. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock. [F5] Represents a grant of time-based restricted stock units under the LTIP scheduled to vest in full on December 31, 2028. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) Footnotes: [F3] Between 12/31/25 and 1/31/2026, the reporting person's shares of Company common stock under the TRASOP increased by 7.166. The information in this report is based on a Thrift Plan statement dated as of 1/31/26. --- Footnotes (Complete Index) --- F1: Represents Performance Units granted in 2023 under the Company's Long Term Incentive Plan (the "LTIP") that vested. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock. F2: Includes 15.046 shares acquired under the Company's Stock Purchase Plan since the reporting person's last filing. F3: Between 12/31/25 and 1/31/2026, the reporting person's shares of Company common stock under the TRASOP increased by 7.166. The information in this report is based on a Thrift Plan statement dated as of 1/31/26. F4: Represents a grant of Performance Units granted under the LTIP scheduled to vest in 2029 upon the determination of the performance criteria by the Management Development and Compensation Committee of the Board of Directors of the Company. Each Performance Unit is the economic equivalent of one share of Company common stock. The number of shares (or cash equivalents) ultimately received will be adjusted and determined based upon the achievement of the performance criteria. F5: Represents a grant of time-based restricted stock units under the LTIP scheduled to vest in full on December 31, 2028. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock. --- Signature --- /s/ William J. Kelleher; Attorney-in-Fact (2026-02-20)