Frances Resheske

Frances Resheske (senior executive) discloses dealings in Consolidated Edison Inc to SEC (Form 4). In total, 122 filings cover trades dated from 9 January 2006 to 30 June 2022.

Both buying and selling appear: 72 purchases worth €43k, against 5 sales worth €3.6M. The net balance comes to €3.6M on the selling side. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Other entries cover 30 option exercises. Since January 2022: 3 purchases and no sales on the market.

Half of the purchases are above €88 and half below. Of 27 purchases, 27 formed part of a group of insiders buying within 30 days of each other. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. Ninety days after publication, 70 purchases show a median change of +1.3%, with the price up in 59% of them. Past outcomes like these are no guarantee of what comes next.

Most recently, on 7 July 2022, the filings show an open-market purchase worth €106 in Consolidated Edison Inc. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 5 days. Section 16 rules allow two business days to file each Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.