RSU grant and tax share withholding for Cohen & Steers (NYSE: CNS) chair
Rhea-AI Filing Summary
Cohen & Steers, Inc. Executive Chairman Robert H. Steers, a director and 10% owner, reported equity-related transactions dated January 30, 2026. The company withheld 9,232 shares of common stock at $64.58 to satisfy his tax obligations upon vesting of previously reported restricted stock units (RSUs).
On the same date, he received a grant of 6,229 RSUs as the mandatorily deferred portion of his 2025 annual incentive performance bonus. These RSUs vest ratably over four years, while any dividend RSUs vest on the fourth anniversary of the grant date. Following these transactions, he directly holds 136,744 shares of common stock.
Separate trusts for the benefit of Mr. Steers and his family hold additional shares, including 7,147,497 shares in the Robert H. Steers 2018 Revocable Trust, 3,897,184 shares in The Hilltop GST Non-Exempt Descendants' Trust, 805,920 shares in The Sunnyridge GST Exempt Family Trust, and 334 shares in the Hamilton-Steers 2017 Trust, with Mr. Steers disclaiming beneficial ownership of certain of these holdings except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,232 | $64.58 | $596K |
| Grant/Award | Common Stock | 6,229 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares owned by the Robert H. Steers 2018 Revocable Trust. Mr. Steers and a member of his immediate family serve as trustees of the trust. Mr. Steers disclaims beneficial ownership of these shares except to the extent of his pecuniary interest. Shares owned by The Hilltop GST Non-Exempt Descendants' Trust for the benefit of Mr. Steers' family. A member of Mr. Steers' immediate family and an independent third party serve as trustees of the trust. Mr. Steers disclaims beneficial ownership of these shares, and the filing of this Form 4 is not an admission that Mr. Steers is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. Shares owned by The Sunnyridge GST Exempt Family Trust for the benefit of Mr. Steers' family. A member of Mr. Steers' immediate family and an independent third party serve as trustees of the trust. Mr. Steers disclaims beneficial ownership of these shares, and the filing of this Form 4 is not an admission that Mr. Steers is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. Shares owned by the Hamilton-Steers 2017 Trust FB Robert H. Steers, of which Mr. Steers is a beneficiary and trustee. 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.
