Form 4: Cohen & Steers Executive Sells Shares in Quality Income Realty Fund

Elaine Zaharis-Nikas, a Vice President and Portfolio Manager at Cohen & Steers, sold 1,007 shares of the Quality Income Realty Fund at $11.835 per share on April 23, 2025.

Summary

• On April 23, 2025, Elaine Zaharis-Nikas, a Vice President and Portfolio Manager at Cohen & Steers Quality Income Realty Fund Inc. (RQI), sold 1,007 shares of common stock.
• The sale price was $11.835 per share.
• Following the transaction, Zaharis-Nikas indirectly owns shares held in her father's account, but she disclaims beneficial ownership except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of a stock sale by an executive. The impact is unclear without further context.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale by a portfolio manager could be interpreted in various ways, but without additional context, it's difficult to assess the specific implications.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by shareholders, but it's a relatively small transaction and may not have a significant impact.

Key Dates

Keywords

Form 4, Cohen & Steers, RQI, Insider Trading, Elaine Zaharis-Nikas, Stock Sale, Quality Income Realty Fund, Beneficial Ownership