Form 4: Cohen & Steers Executive Acquires Dividend Equivalent Restricted Stock Units
SEC Form 4 Filing
Elena Dulik, Chief Accounting Officer and SVP of Cohen & Steers, acquired 40 dividend equivalent restricted stock units on March 14, 2024.
Summary
- On March 14, 2024, Elena Dulik, the Chief Accounting Officer and SVP of Cohen & Steers, acquired 40 dividend equivalent restricted stock units.
- These units were acquired in connection with the issuer's first quarter 2024 dividend.
- The dividend equivalent restricted stock units accrued to the reporting person on unvested restricted stock units granted in January 2021, January 2022, January 2023 and January 2024.
- Following the transaction, Ms. Dulik directly owns 21,042 shares of Cohen & Steers common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The acquisition of dividend equivalent restricted stock units has a minor positive impact on the executive's alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Elena Dulik acquired 40 dividend equivalent restricted stock units. |
| 03/15/2024 | Date of signature: Brian W. Heller, Attorney-in-Fact, signed the document. |
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