Form 4: Cohen & Steers Director Rogers-Windsor Increases Stake in RQI
SEC Form 4
Director Rogers-Windsor Ramona Lynn acquired 267 shares of Cohen & Steers Quality Income Realty Fund Inc (RQI) at a price of $11.1969 per share on May 6, 2024.
Summary
- On May 6, 2024, Rogers-Windsor Ramona Lynn, a director of Cohen & Steers Quality Income Realty Fund Inc (RQI), purchased 267 shares of the company's common stock.
- The shares were acquired at a price of $11.1969 per share.
- Following the transaction, Rogers-Windsor directly owns 1,046.5741 shares of RQI.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's a small transaction and doesn't necessarily indicate a major shift in sentiment.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. Monitoring these filings can offer insights into management's sentiment towards the company's stock.
Stakeholder Impact
- The purchase may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: Rogers-Windsor Ramona Lynn purchased shares of RQI. |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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