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 201 dividend equivalent restricted stock units on March 14, 2024.
Summary
- On March 14, 2024, Francis C. Poli, a GC, Secretary, and EVP at Cohen & Steers, Inc. acquired 201 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, Poli directly owns 79,499 shares of Cohen & Steers common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the financial industry, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices at Cohen & Steers.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns executive compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Francis C. Poli acquired 201 dividend equivalent restricted stock units. |
| 03/15/2024 | Date of signature: Brian W. Heller, Attorney-in-Fact, signed the Form 4 on behalf of Francis C. Poli. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.