Form 4: Cohen & Steers Director Richard P. Simon Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Richard P. Simon reports acquiring 298 shares of Cohen & Steers common stock on January 2, 2025, through vested restricted stock units.

Summary

  • Richard P. Simon, a director of Cohen & Steers, Inc., filed a Form 4 to report changes in beneficial ownership.
  • On January 2, 2025, Simon acquired 298 shares of common stock.
  • The acquisition was related to restricted stock units that were 100% vested on the grant date.
  • The shares will be delivered to Simon on the third anniversary of the grant date.
  • Following the transaction, Simon directly owns 16,249 shares of Cohen & Steers common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock ownership changes. The acquisition of shares by a director is 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.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
01/02/2025Date of transaction: Acquisition of common stock.
01/03/2025Date of signature on the Form 4 filing.

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