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 261 dividend equivalent restricted stock units on March 13, 2025.
Summary
- On March 13, 2025, Daniel P. Charles, an Executive Vice President of Cohen & Steers, Inc. acquired 261 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 equivalents accrued to the reporting person on unvested restricted stock units granted in January 2022, January 2023, January 2024 and January 2025.
- Following the transaction, Charles directly owns 48,951 shares of Cohen & Steers, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to executive compensation.
Positives
- The acquisition of dividend equivalent restricted stock units by an executive could be seen as a positive sign of confidence in the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it shows executive alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of transaction: Acquisition of dividend equivalent restricted stock units. |
| 03/14/2025 | Date of signature on the Form 4 filing. |
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