Form 4: Cohen & Steers Director Martin Cohen Disposes of 50,000 Shares

Martin Cohen, a director and 10% owner of Cohen & Steers, Inc., disposed of 50,000 shares of common stock on May 17, 2024.

Summary

• On May 17, 2024, Martin Cohen, a director and 10% owner of Cohen & Steers, Inc. (CNS), disposed of 50,000 shares of common stock.
• The transaction was coded as 'G', indicating a gift.
• The price per share was $0, suggesting a donation or gift.
• Following the transaction, Mr. Cohen directly owns 882,109 shares and indirectly owns 8,261,461 shares through the Martin Cohen 2018 Revocable Trust.
• Mr. Cohen disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a transaction by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) trade in the company's stock. These filings provide transparency to the market regarding the trading activities of those with privileged information about the company.

Stakeholder Impact

• The disposal of shares by a director could be perceived negatively by some shareholders, although the context of it being a gift may mitigate concerns.

Key Dates