Form 4: Cohen & Steers Director Villani Sells Shares
SEC Form 4
Director Edmond D. Villani sold 3,000 shares of Cohen & Steers, Inc. on August 27, 2024, at an average price of $86.66.
Summary
- On August 27, 2024, Edmond D. Villani, a director of Cohen & Steers, Inc. (CNS), sold 3,000 shares of common stock.
- The shares were sold at a weighted average price of $86.66, with individual transaction prices ranging from $86.53 to $86.91.
- Following the transaction, Villani directly owns 4,675 shares and indirectly owns 31,460 shares through the Edmond Dennis Villani Revocable Trust.
- Dr. Villani and a family member serve as trustees of the Edmond Dennis Villani Revocable Trust.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock. The reasons for the sale are not disclosed in this filing.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 08/27/2024 | Date of the transaction: Edmond D. Villani sold 3,000 shares of Cohen & Steers, Inc. |
| 08/28/2024 | Date of signature for the Form 4 filing. |
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