Form 4: Cohen & Steers Executive Acquires Dividend Equivalent Restricted Stock Units
SEC Form 4 Filing
Francis C. Poli, GC, Secretary, and EVP of Cohen & Steers, Inc., acquired 199 dividend equivalent restricted stock units on May 23, 2024.
Summary
- On May 23, 2024, Francis C. Poli, a GC, Secretary, and EVP at Cohen & Steers, Inc., acquired 199 dividend equivalent restricted stock units.
- This acquisition was related to the issuer's second quarter 2024 dividend and accrued to the reporting person on unvested restricted stock units granted in January 2021, January 2022, January 2023 and January 2024.
- Following the transaction, Poli directly owns 79,698 shares of Cohen & Steers, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Francis C. Poli acquired 199 dividend equivalent restricted stock units. |
| 05/24/2024 | Date of signature: Brian W. Heller, Attorney-in-Fact, signed the document. |
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