Form 4: Robert Steers, Executive Chairman of Cohen & Steers, Reports Gift of 11,100 Shares

Sentiment:

SEC Form 4 Filing


Robert Steers, Executive Chairman of Cohen & Steers, reports a gift of 11,100 shares of common stock.

Summary

  • Robert Hamilton Steers, Executive Chairman of Cohen & Steers, filed a Form 4 on September 16, 2024, reporting a transaction on September 13, 2024.
  • The transaction involved a gift of 11,100 shares of Cohen & Steers common stock.
  • Following the transaction, Mr. Steers beneficially owns 6,894,357 shares indirectly through various trusts and 153,200 shares directly.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a gift of shares, which is a neutral event from a financial perspective.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and major shareholders.

Stakeholder Impact

  • The gift of shares may have a minor impact on the overall shareholder base, but is unlikely to significantly affect the company's operations or financial performance.

Key Dates

DateDescription
09/13/2024Date of the transaction (gift of shares)
09/16/2024Date of Form 4 filing

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