Form 4: Cohen & Steers Executive Francis C. Poli Sells Shares
SEC Form 4 Filing
Francis C. Poli, GC, Secretary, and EVP of Cohen & Steers, Inc., sold shares of common stock on September 16, 2024.
Summary
- On September 16, 2024, Francis C. Poli, GC, Secretary, and EVP of Cohen & Steers, Inc., sold 14,966 shares of common stock at a price of $94.08 per share.
- Additionally, Mr. Poli sold 34 shares of common stock at $94.62 per share on the same day.
- Following these transactions, Mr. Poli directly owns 64,866 shares of Cohen & Steers, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting the sale of shares by a company executive, which is a neutral event in itself. The sentiment is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and does not necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 09/16/2024 | Date of stock sale transactions. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
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