[Form 4] Cohen & Steers Inc. Insider Trading Activity
Rhea-AI Filing Summary
Cheigh Jon, President and CIO of Cohen & Steers, Inc. (CNS), acquired 642 common shares on 08/21/2025 at a reported price of $0, increasing total beneficial ownership to 143,774 shares. The acquisition represents dividend-equivalent restricted stock units that accrued on unvested restricted stock units granted in January 2022, January 2023, January 2024 and January 2025 in connection with the issuer's third quarter 2025 dividend. The Form 4 was signed on behalf of the reporting person by Brian W. Heller, Attorney-in-Fact, on 08/22/2025.
Positive
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Negative
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Insights
TL;DR: Routine insider accrual of dividend-equivalent RSUs increased an executive's stake by 642 shares, a minor but direct ownership increase.
The filing documents a non-cash acquisition of 642 common shares via dividend-equivalent restricted stock units, recorded at $0 price, bringing beneficial ownership to 143,774 shares. This is a routine compensation-related event tied to the third quarter 2025 dividend and to previously granted unvested RSUs from 2022–2025. There are no cash purchases or exercises reported, and no derivative transactions disclosed. For investors, this is an informational governance disclosure rather than a material corporate action.
TL;DR: Standard Form 4 reporting of dividend-equivalent RSUs; filing and signature by attorney-in-fact are in compliance with disclosure rules.
The disclosure identifies the reporting person as President and CIO and notes the acquisition arose from dividend equivalents on unvested RSUs. The Form 4 was executed by an attorney-in-fact, which is an accepted practice when properly authorized. The transaction is compensation-related, not a market trade, and does not on its face indicate change in control, policy, or governance. Documentation appears consistent with Section 16 filing requirements.