---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-271560"
form_type: "8-K"
ticker: "ED"
cik: "0001047862"
company_name: "CONSOLIDATED EDISON INC"
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T06:56:46.746958+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Con Edison enters forward sale for 7M shares at initial $96.66 per share

## Summary
- Forward sale agreement with JPMorgan Chase to potentially issue 7,000,000 common shares; initial forward price $96.66.
- Concurrent underwriting agreement with J.P. Morgan Securities for sale of 7M shares; shares borrowed from third parties.
- Settlement expected by Dec 31, 2025; Con Edison may elect physical, cash, or net share settlement at its option.
- Forward price adjusted daily based on overnight bank funding rate less spread, reduced by expected dividends.

## SEC filing metadata
- accession: 0001193125-24-271560
- form_type: 8-K
- ticker: ED
- cik: 0001047862
- company_name: CONSOLIDATED EDISON INC
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047862/000119312524271560/0001193125-24-271560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047862/000119312524271560/d861512d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-271560
- JSON: https://secwatch.observer/filing/0001193125-24-271560.json
- Plain text: https://secwatch.observer/filing/0001193125-24-271560.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.