secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001193125-23-278818
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Con Edison amends Executive Incentive Plan effective Jan 1, 2024
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- Committee gains full discretion to set performance goals and weightings annually.
- Continued employment required through year-end; retirees after June 30 at age 55+ with 5 years service may receive prorated award.
- Award forfeited if participant engages in cause before payment; clawback policies incorporated.
- Plan effective January 1, 2024 for named executive officers and other eligible executives.
- Clarified administrative and forfeiture provisions; restated from prior 2020 plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000119312523278818/0001193125-23-278818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23632/000119312523278818/d556027d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-278818

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer