Cohen & Steers (CNS) COO Adam Derechin reports bona fide gift of shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen & Steers, Inc. Chief Operating Officer and Executive Vice President Adam M. Derechin reported a bona fide gift of 500 shares of the company’s Common Stock on May 11, 2026. The shares were transferred at a price of $0.00 per share, reflecting a non-cash disposition rather than a market sale.
Following this gift transfer, Derechin’s directly held position in Cohen & Steers Common Stock is reported at 535,571 shares. The filing shows no option exercises, tax-withholding events, or open-market purchases or sales associated with this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
500 shares gifted
Mixed
1 txn
Insider
DERECHIN ADAM M
Role
Chief Operating Officer, EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 535,571 shares (Direct, null)
Footnotes (1)
Key Figures
Gifted shares: 500 shares
Gift price per share: $0.00 per share
Shares held after transaction: 535,571 shares
3 metrics
Gifted shares
500 shares
Bona fide gift of Common Stock on May 11, 2026
Gift price per share
$0.00 per share
Reported transfer price for gifted Common Stock
Shares held after transaction
535,571 shares
Direct ownership following the gift transfer
Key Terms
Bona fide gift, Common Stock, Form 4
3 terms
Bona fide gift financial
"The filing describes the transaction code G as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"The reported security title for the transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The insider transaction is disclosed in a Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Adam M. Derechin report in the latest Cohen & Steers (CNS) Form 4?
Adam M. Derechin reported a bona fide gift of 500 shares of Cohen & Steers Common Stock. The transfer occurred on May 11, 2026, at $0.00 per share and was a non-cash disposition, not an open-market sale or purchase.
Was the Cohen & Steers (CNS) Form 4 transaction an open-market sale or a gift?
The Form 4 transaction was a bona fide gift of 500 shares, not an open-market sale. The reported price per share is $0.00, indicating a non-cash transfer rather than a transaction executed through the public market or a purchase program.
What transaction code is used in the Cohen & Steers (CNS) Form 4 for this event?
The filing uses transaction code G, indicating a bona fide gift of securities. This code signals a transfer without consideration and distinguishes the event from open-market purchases, sales, or option exercises commonly reported in other insider transactions.
Does the Cohen & Steers (CNS) Form 4 show any option exercises or derivative trades?
The Form 4 does not report any derivative transactions or option exercises. The derivative summary is empty, and the only reported activity is a single non-derivative transaction: a bona fide gift of 500 shares of Cohen & Steers Common Stock by Adam M. Derechin.