Form 4: Cohen & Steers Director Richard P. Simon Sells Shares

Director Richard P. Simon of Cohen & Steers, Inc. sold 7,000 shares of common stock on July 22, 2024.

Summary

• Richard P. Simon, a director of Cohen & Steers, Inc. (CNS), reported a transaction involving the sale of company stock.
• On July 22, 2024, Mr. Simon sold 6,800 shares of common stock at a weighted average price of $80.59.
• An additional 200 shares were sold at $81.3.
• Following these transactions, Mr. Simon directly owns 15,660 shares of Cohen & Steers, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a director's stock sale. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.

Industry Context

Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sale by a director may be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.

Key Dates