Form 4: Cohen & Steers Director Acquires Shares in Total Return Realty Fund

Sentiment:

SEC Form 4 Filing


Director Jane F. Magpiong acquired 599 shares of Cohen & Steers Total Return Realty Fund on December 23, 2024.

Summary

  • Jane F. Magpiong, a director of Cohen & Steers Total Return Realty Fund Inc., acquired 599 shares of common stock on December 23, 2024.
  • The shares were purchased at a price of $11.605 per share.
  • Following the transaction, Ms. Magpiong's total holdings increased to 999 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive as a director purchasing shares is generally seen as a positive sign, but the transaction is small and routine.

Positives

  • The director's purchase of shares indicates confidence in the company's prospects.

Industry Context

This is a routine Form 4 filing, which is common for directors and officers of publicly traded companies when they engage in transactions involving the company's stock. It provides transparency into insider trading activity.

Comparison to Industry Standards

  • Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
  • The transaction is relatively small in size, suggesting it is not a major event compared to large institutional trades or significant insider sales.

Stakeholder Impact

  • The share purchase may have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
12/23/2024Date of the share acquisition by director Jane F. Magpiong.

Keywords

Cohen & Steers, Total Return Realty Fund, RFI, Director, Share Acquisition, Insider Trading, Form 4

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