Form 4: Cohen & Steers Director Acquires Shares and Reports Beneficial Ownership Changes
SEC Form 4 Filing
Martin Cohen, a director and 10% owner of Cohen & Steers, Inc., reports acquiring shares and changes in beneficial ownership, including shares held by the Martin Cohen 2018 Revocable Trust.
Summary
- Martin Cohen, a director and 10% owner of Cohen & Steers, Inc. [CNS], filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The earliest transaction date reported is January 2, 2025.
- Cohen acquired 298 shares of common stock at $0.
- Following the reported transactions, Cohen beneficially owns 848,081 shares directly and 8,171,461 shares indirectly through the Martin Cohen 2018 Revocable Trust.
- Restricted stock units granted to Cohen were 100% vested on the grant date, with the shares to be delivered on the third anniversary of the grant date.
Sentiment
Score: 6
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership. It doesn't inherently convey strong positive or negative sentiment, but insider buying is often viewed as a mildly positive signal.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain specific forward-looking statements about the company's future performance.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding changes in ownership.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the earliest transaction reported (stock acquisition). |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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