Form 4: Cohen & Steers Executive Acquires Dividend Equivalent Restricted Stock Units
SEC Form 4 Filing
Daniel P. Charles, an Executive Vice President at Cohen & Steers, acquired 300 dividend equivalent restricted stock units on March 14, 2024.
Summary
- On March 14, 2024, Daniel P. Charles, an Executive Vice President at Cohen & Steers, acquired 300 dividend equivalent restricted stock units.
- The acquisition was related to the issuer's first 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, Charles directly owns 52,364 shares of Cohen & Steers common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their insiders. They provide transparency into the transactions of company executives and directors, allowing investors to track insider sentiment and potential future performance.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Acquisition of dividend equivalent restricted stock units. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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