Director at Cohen & Steers (NYSE: CNS) gets fully vested stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dolly Lisa reported acquisition or exercise transactions in this Form 4 filing.
Cohen & Steers, Inc. director Lisa Dolly received a grant of 440 shares of common stock in the form of restricted stock units. These units were 100% vested on the April 1 grant date, and the corresponding shares will be delivered on the third anniversary of that date. Following this equity award, she holds a total of 2,443 shares directly, reflecting routine stock-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dolly Lisa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 440 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,443 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 440 shares
Grant price: $0.00 per share
Shares held after grant: 2,443 shares
3 metrics
Shares granted
440 shares
Restricted stock units granted on April 1
Grant price
$0.00 per share
Equity award, not open-market purchase
Shares held after grant
2,443 shares
Total direct common stock holdings following transaction
Key Terms
restricted stock units, grant date, vested, third anniversary
4 terms
restricted stock units financial
"Represents shares of common stock underlying restricted stock units granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant date financial
"such restricted stock units were 100% vested on the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vested financial
"Such restricted stock units were 100% vested on the grant date"
third anniversary financial
"shares will be delivered to the reporting person on the third anniversary"
FAQ
What insider transaction did Cohen & Steers (CNS) report for Lisa Dolly?
Cohen & Steers reported that director Lisa Dolly received 440 shares of common stock through a restricted stock unit grant. The award is stock-based compensation, not an open-market purchase, and increased her direct holdings to 2,443 shares after the transaction.
Was the Cohen & Steers (CNS) Lisa Dolly transaction an open-market buy or compensation grant?
The transaction was a compensation-related grant, not an open-market buy. Lisa Dolly received 440 restricted stock units at a price of $0.00 per share, reflecting an equity award granted by Cohen & Steers as part of her director compensation.
What are Lisa Dolly’s Cohen & Steers (CNS) holdings after this Form 4 grant?
After the grant, Lisa Dolly directly holds 2,443 shares of Cohen & Steers common stock. This total includes the shares underlying the 440 restricted stock units reported in this Form 4 transaction, which will be delivered on the third anniversary of the grant date.
How do the restricted stock units in this Cohen & Steers (CNS) filing vest and settle?
The restricted stock units were 100% vested on the grant date, according to the filing footnote. However, the underlying shares of Cohen & Steers common stock will be delivered to Lisa Dolly on the third anniversary of that original grant date.