Form 4: Cohen & Steers Executive Acquires Dividend Equivalent Restricted Stock Units
SEC Filing
Executive Vice President Brandon Brown acquired 54 dividend equivalent restricted stock units of Cohen & Steers, Inc.
Summary
- On March 13, 2025, Brandon Brown, an Executive Vice President at Cohen & Steers, Inc., acquired 54 shares of common stock.
- These shares were acquired as dividend equivalent restricted stock units related to the issuer's first quarter 2025 dividend.
- The dividend equivalent units accrued to Brown on unvested restricted stock units granted in January 2022, January 2023, January 2024 and January 2025.
- Following the transaction, Brown beneficially owns 10,002 shares of Cohen & Steers, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard executive compensation transaction, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This specific filing reflects the standard practice of awarding dividend equivalents on unvested restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of transaction: Brandon Brown acquired 54 dividend equivalent restricted stock units. |
| 03/14/2025 | Date of signature by Attorney-in-Fact. |
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