Form 4: Cohen & Steers Executive Vice President Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Executive Vice President Brandon Brown reports changes in beneficial ownership of Cohen & Steers, Inc. stock due to tax obligations and restricted stock units.

Summary

  • On January 31, 2025, Executive Vice President Brandon Brown reported changes in his beneficial ownership of Cohen & Steers, Inc. (CNS) stock.
  • 500 shares were withheld by the issuer to cover tax obligations related to the vesting of previously reported restricted stock units (RSUs) at a price of $88.83.
  • Brown was granted 3,947 RSUs as part of his 2024 annual incentive performance bonus, which was mandatorily deferred by the issuer.
  • Following these transactions, Brown directly owns 9,948 shares of common stock.
  • The RSUs vest ratably over four years, with dividend RSUs vesting on the fourth anniversary of the grant date.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative implications for the company's overall performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track changes in ownership and potential alignment of interests.

Stakeholder Impact

  • Shareholders can use this information to track insider activity and assess management's alignment with shareholder interests.

Key Dates

DateDescription
01/31/2025Date of transaction involving common stock and RSUs.
02/04/2025Date of signature on the Form 4 filing.

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