Form 4: Cohen & Steers Director Frank T. Connor Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Frank T. Connor reports acquiring 383 shares of Cohen & Steers, Inc. common stock on July 1, 2024.
Summary
- Frank T. Connor, a director of Cohen & Steers, Inc., reported acquiring 383 shares of common stock on July 1, 2024.
- The shares were acquired at a price of $0.
- Following the transaction, Connor directly owns 21,442 shares of Cohen & Steers, Inc.
- The acquisition relates to restricted stock units that were 100% vested on the grant date, with shares to be delivered on the third anniversary of the grant date.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition by a director.
Positives
- A director increasing their holdings could be seen as a positive signal about their confidence in the company's future.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may view insider transactions as a signal of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Acquisition of 383 shares of common stock. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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