Form 4: Cohen & Steers Executive Adam Derechin Reports Stock Gift
SEC Form 4 Filing
Adam Derechin, Chief Operating Officer and EVP of Cohen & Steers, reported a gift of 500 common stock shares on July 29, 2024.
Summary
- On July 29, 2024, Adam M Derechin, the Chief Operating Officer and EVP of Cohen & Steers, Inc. reported a transaction involving the company's common stock.
- Derechin gifted 500 shares of common stock.
- Following the transaction, Derechin directly owns 525,351 shares of Cohen & Steers, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. The gift of shares itself doesn't necessarily indicate positive or negative sentiment about the company's future.
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 minimal impact on shareholders as it represents a small portion of Derechin's holdings.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of stock gift transaction |
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