Form 4: Cohen & Steers CFO Matthew Stadler Acquires Dividend Equivalent Restricted Stock Units
SEC Form 4 Filing
Matthew Stadler, CFO of Cohen & Steers, acquired 272 dividend equivalent restricted stock units on March 14, 2024.
Summary
- On March 14, 2024, Matthew S. Stadler, the Chief Financial Officer and EVP of Cohen & Steers, Inc. (CNS), acquired 272 shares of common stock.
- These shares were acquired as dividend equivalent restricted stock units related to the issuer's first quarter 2024 dividend.
- These units accrued to Stadler on unvested restricted stock units granted in January 2021, January 2022, January 2023 and January 2024.
- Following this transaction, Stadler directly owns 147,580 shares of Cohen & Steers, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The transaction reflects standard executive compensation practices and alignment with shareholder interests.
Positives
- The acquisition of dividend equivalent restricted stock units by a key executive demonstrates continued alignment with shareholder interests.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates activity related to dividend equivalent restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning executive compensation with company performance and dividend payouts.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Matthew Stadler acquired 272 dividend equivalent restricted stock units. |
| 03/15/2024 | Date of report: Form 4 filing date. |
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