Form 4: Cohen & Steers Director, Frank T. Connor, Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Frank T. Connor reports acquiring 362 shares of Cohen & Steers, Inc. common stock on April 1, 2024, bringing his total holdings to 21,059 shares.
Summary
- On April 1, 2024, Frank T. Connor, a director of Cohen & Steers, Inc., acquired 362 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Connor's total beneficial ownership of Cohen & Steers common stock is 21,059 shares.
- The shares were acquired through restricted stock units that vested immediately but will be delivered on the third anniversary of the grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction disclosure. The acquisition of shares by a director is mildly positive, but not significantly impactful.
Positives
- The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Acquisition of 362 shares of common stock. |
| 04/02/2024 | Date of signature for the SEC Form 4 filing. |
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