Form 4: Cohen & Steers Executive Acquires Dividend Equivalent Restricted Stock Units
SEC Form 4 Filing
Executive Vice President Brandon Brown acquired 32 dividend equivalent restricted stock units of Cohen & Steers, Inc. on March 14, 2024.
Summary
- On March 14, 2024, Brandon Brown, Executive Vice President of Cohen & Steers, Inc., acquired 32 shares of common stock.
- These shares represent 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, Mr. Brown beneficially owns 6,266 shares of Cohen & Steers, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It reflects ongoing compensation practices for company executives.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Brandon Brown acquired 32 dividend equivalent restricted stock units. |
| 03/15/2024 | Date of signature for the Form 4 filing. |
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