Form 4: Cohen & Steers Director Acquires Shares Through Restricted Stock Unit Grant
Statement of Changes in Beneficial Ownership
Karen Wilson Thissen, a Director at Cohen & Steers, Inc., acquired 360 shares of common stock through a restricted stock unit grant, increasing her beneficial ownership to 879 shares.
Summary
- Karen Wilson Thissen, a Director of Cohen & Steers, Inc. (CNS), acquired 360 shares of common stock.
- The acquisition occurred on July 1, 2025, and represents shares underlying restricted stock units (RSUs).
- The RSUs were 100% vested on the grant date, with the actual shares scheduled for delivery on the third anniversary of the grant date.
- Following this transaction, Karen Wilson Thissen beneficially owns a total of 879 shares of Cohen & Steers, Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is positive as a director is acquiring shares, aligning their interests with shareholders. This is a routine equity grant, indicating stable corporate governance and compensation practices.
Positives
- A Director, Karen Wilson Thissen, received a grant of 360 shares of common stock, which aligns her interests with those of the shareholders.
- The restricted stock units (RSUs) were 100% vested on the grant date, indicating immediate ownership rights, although the physical delivery of shares is deferred.
Negatives
- NA
Risks
- NA
Future Outlook
The 360 shares of common stock underlying the restricted stock units are scheduled to be delivered to the reporting person on the third anniversary of the grant date, which is July 1, 2028.
Management Comments
- NA
Industry Context
This Form 4 details an insider transaction, specifically an equity grant to a director, which is a common practice in corporate compensation structures across various industries, including financial services. It reflects a standard mechanism for aligning management and director interests with shareholder value.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- The acquisition of 360 shares of common stock by Director Karen Wilson Thissen through a restricted stock unit grant is a related party transaction, representing a form of director compensation.
Stakeholder Impact
- Shareholders: The grant of shares to a director aligns the director's financial interests with those of the shareholders, potentially fostering decisions that enhance shareholder value.
Next Steps
- Delivery of 360 shares of common stock to Karen Wilson Thissen on the third anniversary of the grant date (July 1, 2028).
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of transaction (acquisition of 360 shares of common stock underlying restricted stock units). |
| 07/02/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
| 07/01/2028 | Estimated date for the delivery of the 360 shares to the reporting person (third anniversary of the grant date). |
Keywords
Cohen & Steers, CNS, Form 4, SEC filing, insider transaction, restricted stock units, RSU, director compensation, equity grant, beneficial ownership
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