Form 4: Cohen & Steers Director, Gerald J. Maginnis, Executes Stock Sale

Director Gerald J. Maginnis sold 1,200 shares of Cohen & Steers Quality Income Realty Fund Inc. (RQI) at $14.06 per share on October 1, 2024.

Summary

• On October 1, 2024, Gerald J. Maginnis, a director of Cohen & Steers Quality Income Realty Fund Inc. (RQI), sold 1,200 shares of common stock.
• The sale was executed at a price of $14.06 per share.
• Following the transaction, Maginnis directly owns 2,355.586 shares of RQI.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The sale of shares by a director could be perceived in various ways by stakeholders, but generally, a single transaction is unlikely to have a significant impact.

Key Dates