Cohen & Steers (CNS) interim CFO Donohue reports tax withholding and 8,040 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen & Steers interim CFO and SVP Michael T. Donohue reported equity compensation-related transactions in company common stock. On January 30, 2026, the issuer withheld 2,294 shares at $64.58 per share to satisfy tax obligations upon vesting of previously granted RSUs. On the same date, Donohue received a grant of 8,040 restricted stock units representing the mandatorily deferred portion of his 2025 annual incentive bonus. These RSUs vest ratably over four years, with any dividend-equivalent RSUs vesting on the fourth anniversary of the grant. Following these transactions, he directly beneficially owned 32,012 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Donohue Michael T.
Role
Interim CFO, SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,294 | $64.58 | $148K |
| Grant/Award | Common Stock | 8,040 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,972 shares (Direct)
Footnotes (1)
- Represents the withholding by the issuer of shares of common stock in connection with the reporting person's tax obligations upon the vesting of previously reported restricted stock units ("RSUs") and delivery of the common stock underlying such RSUs. Represents RSUs granted by the issuer to the reporting person constituting the portion of the reporting person's 2025 annual incentive performance bonus that was mandatorily deferred by the issuer. Any dividends paid on the issuer's common stock are paid in additional RSUs (the "dividend RSUs"). The RSUs vest ratably over four years, and the dividend RSUs vest on the fourth anniversary of the grant date of the RSUs.
FAQ
What insider transactions did CNS interim CFO Michael Donohue report?
Michael Donohue reported two equity-related transactions. The issuer withheld 2,294 Cohen & Steers common shares at $64.58 for taxes on vested RSUs, and granted him 8,040 restricted stock units tied to his deferred 2025 annual incentive performance bonus.
What does the 8,040 RSU grant to CNS interim CFO represent?
The 8,040 RSU grant represents the portion of Michael Donohue’s 2025 annual incentive performance bonus that Cohen & Steers mandatorily deferred. These restricted stock units are compensation that will deliver common shares over time instead of immediate cash payment.
How do the 8,040 RSUs granted to Michael Donohue vest over time?
The 8,040 RSUs vest ratably over four years, meaning a portion becomes deliverable each year. Any dividends paid on Cohen & Steers common stock generate additional dividend RSUs, which vest fully on the fourth anniversary of the original RSU grant date.
Are dividends on Cohen & Steers stock paid in cash on these RSUs?
Dividends on Cohen & Steers common stock tied to these RSUs are paid in additional restricted stock units called dividend RSUs. These dividend RSUs do not vest annually but instead vest on the fourth anniversary of the original RSU grant date.