Form 4: Martin Cohen Reports Changes in Beneficial Ownership of Cohen & Steers, Inc. Stock
SEC Form 4 Filing
Martin Cohen, a director and 10% owner of Cohen & Steers, Inc., reported changes in beneficial ownership of the company's stock, including acquisitions and holdings through a revocable trust.
Summary
- Martin Cohen, a director and 10% owner of Cohen & Steers, Inc. (CNS), filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The report indicates that Mr. Cohen acquired 291 shares of common stock on October 1, 2024, at a price of $0.
- These shares were acquired through restricted stock units granted by the issuer, which were 100% vested on the grant date and will be delivered to the reporting person on the third anniversary of the grant date.
- Mr. Cohen also holds 8,211,461 shares indirectly through the Martin Cohen 2018 Revocable Trust, for which he and a family member serve as trustees.
- Following the reported transaction, Mr. Cohen beneficially owns 847,783 shares directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: acquisition of 291 shares of common stock. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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