secwatch.observer — SEC 8-K summary
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Issuer:     CONSOLIDATED EDISON INC (ED)
CIK:        0001047862
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001193125-26-214767
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Con Edison establishes $2B at-the-market equity distribution program
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- Entered equity distribution agreement with 11 sales agents to sell up to $2B of common shares.
- Commissions to agents capped at 1.0% of gross proceeds; may also use forward sale agreements.
- Forward sales involve borrowing shares; proceeds received only upon physical settlement.
- Program effective May 8, 2026; no specific use of proceeds stated in filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047862/000119312526214767/0001193125-26-214767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1047862/000119312526214767/d147037d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-214767

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