Form 4: Cohen & Steers President and CIO, Jon Cheigh, Sells $2 Million in Company Stock

Jon Cheigh, President and CIO of Cohen & Steers, Inc., sold 25,500 shares of common stock at an average price of $80.01 on May 9, 2025.

Summary

• On May 9, 2025, Jon Cheigh, the President and CIO of Cohen & Steers, Inc. (CNS), sold 25,500 shares of the company's common stock.
• The sale was executed at an average price of $80.01 per share.
• The total value of the shares sold is approximately $2,040,255.
• Following the transaction, Cheigh directly owns 142,431 shares of Cohen & Steers common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment about the company's prospects, but the sale itself could be interpreted in various ways by the market.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of a company are buying or selling shares. While not inherently indicative of a company's performance, significant or unusual insider selling can sometimes raise concerns among investors.

Stakeholder Impact

• Shareholders may react to the news of the stock sale, potentially impacting the stock price.

Key Dates

Keywords

Cohen & Steers, Jon Cheigh, stock sale, insider trading, Form 4, CNS, President, CIO